This is a significant appointment for Earthport and highlights the strategic importance the company places on the marketplace in India and wider region.

Sandeep, who is based in Mumbai, will be responsible for leading the expansion of the business in the primary markets of India and Sri Lanka.

With over 20 years’ experience in the payments and banking industry, Sandeep joins from Deutsche Bank, where he was Managing Director of Institutional Cash Management, Global Transaction Bank, responsible for managing all the banking relations in South Asia. He has also worked as Vice President of Global Payments and Treasury Services at The Chase Manhattan Bank NA and ANZ Grindlays Bank.

Hank Uberoi, CEO of Earthport, said: “India is one of the largest and fastest growing economies globally with a very young demographic. Earthport’s core business resonates very strongly with the banks in the region, who are looking for technologically-enabled, cost-effective solutions for both inbound and outbound payments.

“We are delighted Sandeep has joined our team at a significant time in Earthport’s development in the region. He brings a wealth of experience, which will prove invaluable to the business in India and surrounding countries.”

Sandeep Gupta, Head of India, Earthport, said: “Earthport is driving innovation in the payments industry and we are already seeing strong interest from banks in India and neighbouring countries. I look forward to working with the team at such an important time to further grow the business in the region.”
Earthport also recently announced its partnership with Kotak Mahindra Bank, a leading private sector bank in India. This relationship increases Earthport’s presence in Asia while further cementing its position as the number one provider for cross-border payments.