<ul><li>PhonePe has appointed former Standard Chartered India and South Asia CEO Zarin Daruwala to its board of directors as part of its governance and leadership focus ahead of an IPO.</li><li>Daruwala, with over three decades of banking experience, joined PhonePe following her tenure at Standard Chartered and ICICI Bank.</li><li>PhonePe has taken formal steps towards its IPO readiness including a shareholder resolution in April approving a name change and designating key personnel.</li><li>The move to onboard Daruwala reflects PhonePe's strategy to strengthen financial and governance expertise as it transitions to a public company from a private unicorn.</li></ul>

UPI payments giant PhonePe onboards veteran banker Zarin Daruwala to board ahead of planned IPO

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