Airwallex has brought back former executive Pranav Sood as CFO as the company strengthens its finance leadership after its recent fundraise.
Sood joins from Bain Capital’s growth equity fund, where he worked with technology companies across the UK and Europe.
The appointment marks a return to Airwallex. Sood previously helped build the company’s EMEA operations and led its global marketing function.
He brings investment experience and knowledge of the company’s commercial operations to the role.
Sood will be based in London, which remains one of Airwallex’s key hubs for international expansion.
Pranav Sood, incoming Chief Financial Officer, said,
“Airwallex is a once-in-a-generation company that is fundamentally rewriting the rails of global banking. Returning to Airwallex feels like coming home to a mission that is more critical than ever.
My goal is to ensure our finance function acts as a catalyst for innovation and scale, providing the robust framework required as we solidify our position as a cornerstone of the global financial economy.”
Jack Zhang, Co-founder and CEO of Airwallex, said,
“As Airwallex enters its next phase of growth, we need a CFO who is as much a commercial strategist as a financial steward. Pranav is a rare leader who balances rigorous financial discipline with a builder’s mindset.
His experience at Bain Capital, combined with his intimate knowledge of our commercial drivers and the fintech vertical, make him the ideal CFO to guide our financial strategy through this next chapter.”
Airwallex recently raised US$320 million in a Series H round, lifting its valuation to US$11 billion.
The company has also committed US$1.1 billion to its EMEA expansion and plans to hire about 100 senior engineering roles in the UK and the Netherlands.
Featured image: Edited by Fintech News Singapore, based on image by mkmult via Magnific
