Setu, a Pine Labs-owned API infrastructure firm, has appointed Anand Raisinghani, a former executive from SAP India, as its new CEO. Prior to joining Setu, Anand was the VP and Head - Professional Services, BFSI, Telecom, and Media, at SAP India. He has more than two decades of experience and has worked for companies like Equifax, IBM, and Wipro.