The Stellar (XLM) Development Foundation (SDF) has announced the appointment of Raja Chakravorti as its new Chief Business Officer, according to Stellar. This move is expected to bolster the foundation’s mission of creating equitable financial access through blockchain technology.

Raja Chakravorti’s Experience and Vision

Raja Chakravorti brings with him two decades of experience in driving business success through strong partnerships and strategic alignment. Before joining SDF, Chakravorti led product partnerships and business development for Universal Access at Plaid, a leading financial data network company. His career also includes significant roles at Root Enterprise and PayPal, where he focused on scaling B2B solutions and driving revenue growth, respectively.

Chakravorti’s extensive background in financial services and technology makes him a valuable asset to SDF. His experience is expected to support the growth of the Stellar ecosystem, leveraging his skills in leading and scaling financial services businesses.

Alignment with SDF’s Mission

Chakravorti has a personal connection to SDF’s mission of creating broad and equitable financial access through technology. As the child of Indian immigrants, he witnessed firsthand the challenges of accessing affordable credit and sending money internationally. These experiences have shaped his passion for making financial services more inclusive and accessible.

“SDF’s mission to create more equitable access to the global financial system using blockchain directly aligns with my goals to drive greater access through innovative technology,” Chakravorti stated.

Professional and Personal Background

Throughout his career, Chakravorti has been recognized for driving innovation and growth in fintech, payments, and insurance. His deep understanding of the financial services industry and his track record of creating consumer-empowering solutions are expected to be invaluable as SDF continues its mission.

Beyond his professional achievements, Chakravorti is also an emerging marathon runner, a dedicated coach for his two daughters, and an advocate for educational opportunities for girls in India. His multifaceted background adds a unique dimension to his role at SDF.

Looking Ahead

The Stellar community will have an opportunity to meet Chakravorti at the upcoming Stellar Meridian event. His appointment marks a significant step for SDF as it continues to transform everyday financial services on a global scale.

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