According to reports, Retail payments body National Payments Corporation of India (NPCI) has appointed Sohini Rajola as its executive director in charge of growth.

Sohini, previously the Asia Pacific head at the international remittance leader Western Union, will now take on the role of promoting the adoption of NPCI’s payment solutions throughout the nation.

The Mumbai-based payments network announced that Sohini will lead business development and oversee the organization’s go-to-market strategies. Additionally, she will manage strategic partnerships and alliances with banks, fintech companies, government entities, and regulatory bodies, as stated by the company.

Before her tenure at Western Union, Sohini held the position of head of digital banking and cards at Axis Bank for over ten years. NPCI has been broadening its operational scope by establishing new entities and appointing chief executives for each of these divisions.

The payments organization has created separate entities for NPCI Bharat BillPay, NPCI International, and BHIM, each with its own CEO and specific business objectives.

Sohini is joining NPCI as its inaugural Executive Director. Last November, Praveena Rai, who served as the chief operating officer of NPCI, resigned to take on the role of chief executive officer at the Multi Commodity Exchange of India.

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In the financial year 2024, NPCI reported total revenues of Rs 3,278 crore, along with a revenue surplus of Rs 1,134 crore.