NPCI Appoints Mr. Vishal Kanvaty As New Chief Technology Officer

National Payments Corporation of India (NPCI) has recently announced the appointment of Mr. Vishal Anand Kanvaty as its Chief Technology Officer (CTO).  In his earlier role, Vishal was managing the portfolio of Chief Market Innovation at NPCI. Joined in 2017, he has also managed Product and Innovations profiles at NPCI. He is a B.Tech graduate from JNTU, Hyderabad and is an alumnus of IIM Ahmedabad. His professional experience goes beyond two decades. In his new role, Mr. Kanvaty will be taking care of the new-age technology and shall be responsible for the transformational journey of NPCI.

Mr. Kanvaty has demonstrated thought leadership in new applications of technology to business process automation and has experience in launching various credit card, e-Commerce, and mobile banking products with operational exposure. He also has experience in Financial Inclusion and has spearheaded the strategy and implementation of various products including M-POS/ Mobile Wallet.

Commenting on the appointment, Mr. Dilip Asbe, MD & CEO, NPCI, said, “We, at NPCI, are pleased to announce the appointment of Mr. Vishal Kanvaty to the position of Chief Technology Officer. Mr. Kanvaty has been an invaluable member of our team for six years, and we are thrilled to see him assume this new and important role. As our new CTO, he brings with him a wealth of knowledge, expertise, and experience in the field of technology and innovation. His leadership, vision, and commitment to excellence will be instrumental in driving the company’s growth journey.”

About NPCI:

National Payments Corporation of India (NPCI) was incorporated in 2008 as an umbrella organization for operating retail payments and settlement systems in India. NPCI has created a robust payment and settlement infrastructure in the country. It has changed the way payments are made in India through a bouquet of retail payment products such as RuPay card, Immediate Payment Service (IMPS), Unified Payments Interface (UPI), Bharat Interface for Money (BHIM), BHIM Aadhaar, National Electronic Toll Collection (NETC FasTag) and Bharat BillPay.

NPCI is focused on bringing innovations in the retail payment systems through the use of technology and is relentlessly working to transform India into a digital economy. It is facilitating secure payment solutions with nationwide accessibility at minimal cost in furtherance of India’s aspiration to be a fully digital society.

For more information, visit: https://www.npci.org.in/