5paisa Capital Limited announced that based on the recommendations of the Nomination & Remuneration Committee, the Board of Directors of the company at their meeting held on May 24, 2023 has appointed Mr. Narayan Gangadhar as the Chief Executive Officer (CEO) and Key Managerial Personnel of the Company with effect from May 25, 2023. Mr. Narayan Gangadhar has over two decades of experience, mostly with global tech giants, based out of San Francisco Bay Area in the US. Mr. Gangadhar was the Head of Engineering at Uber managing over 1,000 innovators, building core engineering platforms, core APIs and cloud solutions to help Uber's operations in over 500 cities across the world.

Earlier, Mr. Gangadhar was a Senior Director at Google helming the cloud engineering and infrastructure domains, where he was responsible for all external facing cluster computing products as well as in charge of backend infrastructure. Mr. Gangadhar also worked with Amazon as Director of Engineering, where he built Amazon Relational Database Service. He started his career with Microsoft and worked in various engineering roles.

Most recently Mr. Gangadhar was CEO of Angel Broking. Mr. Narayan is a Bachelor of Engineering from Mumbai University and a Master in Computer Science from Worcester Polytechnic Institute.