Saurabh Joshi Joins CSG as President of Payments

Rhea-AI Summary

CSG (NASDAQ: CSGS) has appointed Saurabh Joshi as its new president of Payments. Joshi brings over 20 years of experience in technology, fintech, and e-commerce to oversee CSG's Payments portfolio, CSG Forte. He will be responsible for strategic vision, product innovation, revenue growth, business development, and operational improvements. Prior to joining CSG, Joshi served as North America's senior vice president and general manager at Western Union, and held senior leadership roles at Better Mortgages, PayPal, Rocket Internet, and Goldman Sachs.

Positive

• Appointment of an experienced executive with over 20 years in fintech and payments
• Strategic addition to strengthen payments division leadership
• Potential for expansion into new verticals and geographies

Negative

• None.

Brings two decades of experience in fintech, e-commerce and payments to drive an era of innovation, growth and operational excellence

DENVER--(BUSINESS WIRE)-- Today, CSG^® (NASDAQ: CSGS) named payments veteran Saurabh Joshi its new president of Payments. His appointment adds deep payments and fintech expertise that has helped large and small companies achieve more than they thought possible in the global market by creating a shared vision that puts the customer first.

“I am very excited to welcome Saurabh to Team CSG,” said Liz Bauer, chief experience officer, CSG. “Saurabh has a proven track record as a growth-oriented and strategic payments leader with global industry experience in delivering impactful business value for merchants, partners and customers and expanding into new verticals and geographies. He is a values-based leader that will unleash the full potential of this talented group of employees. He will be instrumental in driving our growth as we enter a new era in Payments.”

“I am honored to step into the role of president of Payments at CSG at a time when the company is accelerating our strategic transformation,” said Joshi. “CSG’s core principles resonate deeply with me as we bring a holistic focus to truly serving our customers’ needs through secure, scalable and efficient payment solutions. As the payments landscape evolves, I believe CSG is uniquely positioned to build on our strong foundation while capitalizing on growth trends to maintain our edge in the market.”

Joshi will be responsible for overseeing CSG’s Payments portfolio, CSG Forte, including the strategic vision, product innovation, revenue growth, business development and operational improvements.

Joshi brings over 20 years of experience in technology, revenue management and strategy functions across payments, fintech and e-commerce. He most recently served as North America's senior vice president and general manager at Western Union. Before that, he held senior leadership roles at Better Mortgages, PayPal Inc., Rocket Internet and Goldman Sachs, where he led transformational strategies that drove revenue and margin growth, boosted customer loyalty and improved operational excellence.

Joshi received his MBA from The Wharton School at the University of Pennsylvania and graduated from Baruch College with a master’s in finance, from the New Jersey Institute of Technology with a master’s in computer and information sciences and from the University of Mumbai with a bachelor’s in computer software engineering.

About CSG

CSG empowers companies to build unforgettable experiences, making it easier for people and businesses to connect with, use and pay for the services they value most. Our customer experience, billing and payments solutions help companies of any size make money and make a difference. With our SaaS solutions, company leaders can take control of their future and tap into guidance along the way from our fiercely committed and forward-thinking CSGers around the world.

CSG Forte delivers digital payments solutions that help organizations scale faster and smarter. With CSG Forte, organizations process omnichannel payments across a best of breed, PCI-compliant digital platform that allows customers to make any payments, via any channel, at any time. Our award-winning technology empowers organizations to modernize how customers pay bills, increasing on-time payments and customer satisfaction while using a single low-code, unified digital platform. CSG Forte processes 168 million customer payments annually, totaling over $118 billion in payments, for more than 114,000 merchants across government, telecom, property management, healthcare and other industries.

To learn more, visit www.csgi.com and www.forte.net and connect with us on LinkedIn and Twitter.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241112111701/en/

Kristine Østergaard

Public Relations

+44 (0)79 2047 7204

kristine.ostergaard@csgi.com

John Rea

Investor Relations

+1 (210) 687-4409

john.rea@csgi.com

Source: CSG

FAQ

Who is the new president of Payments at CSG (CSGS)?

Saurabh Joshi has been appointed as the new president of Payments at CSG (CSGS), bringing over 20 years of experience in technology, fintech, and e-commerce.

What will be Saurabh Joshi's responsibilities at CSG (CSGS)?

Joshi will oversee CSG's Payments portfolio, CSG Forte, including strategic vision, product innovation, revenue growth, business development, and operational improvements.

What is Saurabh Joshi's previous work experience before joining CSG (CSGS)?

Before joining CSG, Joshi served as North America's senior vice president and general manager at Western Union, and held senior roles at Better Mortgages, PayPal, Rocket Internet, and Goldman Sachs.