A P Hota retires, NPCI appoints Dilip Asbe as its interim CEO

Abhaya Prasad Hota
Abhaya Prasad Hota
Retd. Managing Director and CEO,

National Payments Corporation of India (NPCI) has announced the retirement of AP Hota from the position of its Managing Director and CEO.

Hota was the first person to be appointed as the Managing Director and CEO of NPCI, since August 23, 2010.

Post Hota’s retirement, NPCI has now appointed Dilip Asbe, the chief operating officer as the CEO-in-charge till a new incumbent assumes charge.

Dilip Asbe, had joined NPCI in 2010 as its chief technology officer and was promoted to the position of the chief operating officer in 2013. Asbe is credited for its unmatched contribution to the digital payments initiatives like Unified Payments Interface (UPI), Bharat Interface for Money (BHIM) and Immediate Payment Service (IMPS).

In his earlier stint, he had played a pivotal role in establishing the payment infrastructure for the Asia Pacific region for Euronet Worldwide.

The Banking & Finance Post is an initiative of Elets Technomedia Pvt Ltd, existing since 2003.
Now, Elets' YouTube channel, a treasure of premier innovation-oriented knowledge-conferences and awards, is also active. To Subscribe Free, Click Here.

Get a chance to meet the Who's who of the NBFCs and Insurance industry. Join Us for Elets FSI Virtual Conclave and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest.