NPCI Reappoints Dilip Asbe As MD And CEO

The shareholders of National Payments Corporation of India at its Annual General Meeting have approved the reappointment of Dilip Asbe as the Managing Director and Chief Executive Officer of NPCI for a period of five years, with effect from 8th January 2023.

"The shareholders of NPCI at its Annual General Meeting held on September 22, 2022, have approved the re-appointment of Dilip Asbe as the Managing Director & Chief Executive Officer of NPCI for a period of five years, with effect from January 8, 2023," NPCI said in a statement.

Asbe joined NPCI in January 2010 as Chief Technology Officer (CTO) and later served as Chief Operating Officer from 2013 to 2018. He took over as CEO from former Reserve Bank of India (RBI) executive Abhaya Prasad Hota in 2018.