PB Fintech CEO denies exit speculation, stays put

PB Fintech CEO Yashish Dahiya denied reports suggesting he would step down from his position. Speaking to CNBC-TV18, he said, “I will continue to remain in the same role in the company.” Reports were denied the same day, September 17. Reports suggested the CEO of PB Fintech Limited (POLICYBZR), Yashish Dahiya, could be leaving the company. Dahiya himself denied the reports by saying he would not be leaving. The company was quick to deny the reports and shut the speculation. A CEO going on record to deny reports suggests the company was worried about the reports gaining momentum. Going on record through a named news source breaks the trend of company spokespersons or representatives issuing generic denials. I believe the reports were speculative and have no impact on the company. The report gaining any momentum would likely be more concerning. The model and structure of the businesses operated by PB Fintech have not changed. I believe the recent reports should be viewed as a market supplement rather than company altering news. I do not currently hold stock in PB Fintech.