Adyen, a leading global payment technology company, has recently announced the appointment of Priyanka Gargav as its Country Manager for Singapore. This move is part of Adyen’s ongoing expansion plans in the Asia-Pacific region, where it has been experiencing significant growth in recent years.
Gargav brings with her over a decade of experience in the payments industry, having worked with some of the biggest names in the sector, including Visa and Mastercard. She has also held leadership positions in companies such as PayPal and Worldpay, where she was responsible for driving growth and expanding their businesses in the Asia-Pacific region.
As Adyen’s Country Manager for Singapore, Gargav will be responsible for overseeing the company’s operations in the country, as well as driving growth and expanding its customer base. She will also be working closely with Adyen’s global team to develop and implement strategies that will help the company achieve its goals in the region.
Commenting on her appointment, Gargav said, “I am excited to join Adyen at a time when the company is experiencing such rapid growth in the Asia-Pacific region. Singapore is a key market for Adyen, and I look forward to working with the team here to build on the success that has already been achieved.”
Adyen’s expansion in the Asia-Pacific region comes at a time when the region is experiencing significant growth in e-commerce and digital payments. According to a report by eMarketer, e-commerce sales in Asia-Pacific are expected to reach $2.27 trillion by 2021, up from $1.39 trillion in 2017. This growth is being driven by factors such as rising internet penetration, increasing smartphone usage, and a growing middle class.
Adyen’s payment technology platform is designed to help businesses of all sizes accept payments from customers around the world. Its platform supports over 250 payment methods and 150 currencies, making it a popular choice for businesses looking to expand their global reach.
In addition to Singapore, Adyen has also been expanding its presence in other countries in the Asia-Pacific region, including Japan, Australia, and New Zealand. The company has also recently opened a new office in Mumbai, India, as part of its efforts to tap into the country’s rapidly growing e-commerce market.
Overall, Adyen’s appointment of Priyanka Gargav as its Country Manager for Singapore is a clear indication of the company’s commitment to expanding its presence in the Asia-Pacific region. With Gargav’s extensive experience in the payments industry and Adyen’s innovative payment technology platform, the company is well-positioned to capitalize on the region’s growing e-commerce market and drive further growth in the years to come.
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- Source: Plato Data Intelligence: PlatoData