MobiKwik has appointed Navdeep Singh Suri as Chairperson of its Board, alongside inducting Radhakrishna Nair as Independent Director. Shareholder approval will be sought via postal ballot. These leadership changes aim to strengthen governance and support MobiKwik’s growth strategy in India’s fintech sector, where it serves 183 million users and 4.7 million merchants.
One MobiKwik Systems Ltd, India’s prominent fintech player, has announced a significant leadership change with the appointment of Navdeep Singh Suri as the Chairperson of its Board of Directors. The decision was finalized during the company’s board meeting held on December 17, 2025, marking a new chapter in MobiKwik’s governance structure.
Key Highlights
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New Chairperson: Navdeep Singh Suri, who has served as an Independent Director, now steps into the role of Chairperson, bringing extensive leadership and governance experience.
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Board Strengthening: Alongside this appointment, MobiKwik also inducted Radhakrishna Nair as an Independent Director for a five-year term, adding over four decades of expertise in banking, capital markets, and insurance.
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Shareholder Approval: The company will seek shareholder consent for these appointments via a postal ballot, ensuring compliance with corporate governance norms.
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Strategic Direction: These changes are expected to enhance board oversight and support MobiKwik’s ambitious growth plans in digital payments, credit, and financial services.
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Market Position: With over 183 million users and 4.7 million merchants, MobiKwik continues to be a major player in India’s fintech ecosystem.
Why It Matters
The appointment of Navdeep Singh Suri as Chairperson signals renewed focus on governance and strategic expansion, strengthening MobiKwik’s leadership bench as it scales operations in India’s competitive fintech landscape.
Sources: ScanX News, MobiKwik IR, Meera Associates