Amazon India's fintech Vice-President, Sriraman Jagannathan has resigned. The company has confirmed the development and shared in media, "Sriraman Jagannathan has decided to move on from Amazon for personal/ family reasons." Amazon Pay Head Mahendra Nerurkar will oversee the financial services portfolio currently managed by Jagannathan. Nerurkar took over as Amazon Pay chief executive earlier this year, replacing Jagannathan who was given a more significant role in leading financial services. 

Jagannathan joined Amazon India in January 2016 to lead its payments business, coming from a short stint at IDFC Bank as its Chief Digital and Data Officer. Before that, he had set up and launched Airtel Money as the head of Airtel’s mobile commerce venture. 

Jagannathan writes on his LinkedIn that "My lifetime career goal is to build the world's best virtual bank through merely providing unmatched customer experience and ability to drive business scale. Ability to contribute gigantically to achieving financial inclusion in India by partnering and powering existing banks would be a good compromise."

With over 20 years of experience, he has worked with organizations like Citibank, Bharti Airtel, and IDFC Bank. He is an alumnus of IIM Ahmedabad and completed his engineering from IIT Delhi.