Pine Labs, a merchant commerce omnichannel platform, has announced the appointment of Navin Chandani as the President of its Issuing Business. Issuing Business of Pine Labs includes the issuing of prepaid cards, gift cards, rewards, incentives, loyalty programs and several other stored value programs for retail and enterprise clients through its brand Qwikcilver.

Navin comes with around three decades of leadership experience and has worked with companies like Visa and American Express.

Based in Mumbai, Navin in his most immediate role served as the Regional Managing Director for India and South Asia at CRIF, a global fintech specialising in credit & business information, analytics, and open banking.

Commenting on the appointment, B Amrish Rau, CEO, Pine Labs, said, “Navin comes with rich experience in building high-performance payment businesses across geographies. His wealth of experience and strategic thinking will help us scale further our issuing business. We are also excited for Kumar Sudarsan who moves to a new role of Chief Growth Advisor for Pine Labs group. Kumar has been instrumental in laying the foundation and driving the phenomenal success of the brand Qwikcilver.”

“I look forward to working with all stakeholders to take the issuing business to newer heights,” said Navin.