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Pine Labs appoints Avendus’ Sameer Kamath as CFO ahead of IPO

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Merchant payments company Pine Labs, which is gearing up for an initial public offering (IPO), has appointed Sameer Kamath as its new chief financial officer (CFO), it said in a statement on Thursday.

Kamath was previously group CFO at Mumbai-based investment bank Avendus Capital.

ET was the first to report the development.

Kamath succeeds Marc Mathenz, the company’s Singapore-based CFO, who stepped down in June, shortly before Pine Labs filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi).

In his new…

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