Dilip Asbe has been appointed as the Managing Director and CEO of National Payments Corporation of India (NPCI) which is the umbrella organization for the government's retail payment systems in India. Earlier, he was made the CEO of NPCI following the retirement of AP Hota whose term as the 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.