A.P. Hota re­tires from NPCI

Banking Frontiers - - People Track -

A.P. Hota has re­tired as MD and CEO of Na­tional Pay­ments Cor­po­ra­tion of In­dia (NPCI). NPCI said its COO Dilip Asbe will be CEO in-charge till a new MD & CEO is ap­pointed. Hota be­came the first MD and CEO of NPCI in Au­gust 2010. Asbe has been with NPCI since its in­cep­tion and has played a piv­otal role in de­sign­ing, build­ing, op­er­a­tional­iz­ing and manag­ing large scale pay­ment pro­cess­ing plat­forms like Uni­fied Pay­ments In­ter­face, Bharat In­ter­face for Money (BHIM), Im­me­di­ate Pay­ment Ser­vice (IMPS), In­dia’s home­grown card network – RuPay and sev­eral other ini­tia­tives.

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