Loyalty service provider Payback has appointed Rahul Rana as its new Chief Executive Officer.

He succeeds Vijay Bobba who has stepped down from his current role of CEO to pursue other interests.

Rana joined Payback India in 2010 as Chief Operating Officer and was spearheading partner acquisition programmes for the company.

Rana served his tenure as Vice-President and Chief Financial Officer (CFO) at American Express, the parent company of Payback Global. Prior to American Express, he worked with GE Capital & ICICI bank.

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