Dilip Asbe appointed MD & CEO of NPCI

National Payments Corporation of India (NPCI), an umbrella organisation for retail payment systems in India, has appointed Dilip Asbe as Managing Director and CEO of the organisation.

“The decision to appoint Asbe as MD and CEO of NPCI was taken today,” a source said.

Prior to this, Asbe was CEO-in-charge of NPCI.

Asbe was appointed CEO-in-charge in August last year. He had come in place of AP Hota, whose term as MD and CEO had ended on August 10 last year.

Asbe has been in the NPCI since its inception and has played a pivotal role in designing, building, operationalising and managing large-scale payment processing platforms like the Unified Payments Interface (UPI), Bharat Interface for Money (BHIM), Immediate Payment Service (IMPS), India’s home-grown card network RuPay, and several other initiatives.

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