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PayG appoints CEO Harmeet Singh Sethi as managing director
PayG appointed Harmeet Singh Sethi Managing Director on September 29, alongside his existing CEO role. The Indian payments company plans a consumer application featuring train ticket booking and IRCTC integration, following RBI authorisations in 2025 and January 2026.
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Who and when
Figures from Outlook Business,
| Sethi leadership experience: | more than 25 years |
|---|
Why the change matters
Sethi’s expanded CEO–MD remit reinforces leadership continuity as PayG prepares its consumer app, putting launch execution and IRCTC integration in focus.
What to watch next
- Announcement of the consumer app's public launch
- Confirmation of live IRCTC-integrated ticket booking
- New appointments or reporting lines beneath Sethi
- Disclosed booking failures, refund delays or customer complaints
- Reported repeat usage beyond train ticket booking
The counter-case
The case against this reading — not reported by the source.
Adding managing director to the incumbent CEO’s title may be a governance formality rather than a meaningful leadership change. The appointment alone provides no evidence that PayG’s planned consumer app or train-booking offering will launch faster, gain users or generate material revenue.
The source
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