PayU GPO, a prominent global online payment provider operating in more than 50 emergent markets, has appointed Simona Covaliu as its Chief Risk Officer. From her previous positions at global companies such as Uber as Chief Risk and Compliance Officer, Mambu as VP of Risk and Compliance, and Booking.com as Senior Risk Manager, Covaliu brings over 18 years of experience to the role. At PayU GPO, Covaliu will be responsible for the oversight of critical areas, including privacy, security, compliance, and risk and will collaborate with teams to improve transparency and facilitate informed decision-making throughout the organization. During the ongoing development and enhancement of PayU's product offerings, her involvement is essential in mitigating risks for SMBs and enterprises.
Commenting on her new role, Simona Covaliu stated, “I’m excited to be taking on a new challenge at PayU GPO. Working with so many different teams, there is a great opportunity to learn and grow from a vast variety of experiences.” Covaliu's leadership will prioritize the enhancement of PayU's risk management framework to guarantee that the organization continues to provide secure, compliant, and efficient services in the ever-changing global payments environment. PayU GPO intends to enhance the protection of its operations and customers in its swiftly expanding markets through her appointment.