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FinTech NPST appoints Ram Rastogi as an Independent Director

By Gloria Mathias

April 17, 2024

  • APAC news
  • Appointment News
  • fintech APAC
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NPST, Fintech news, Fintech Solutions, Appointment News, Fintech APAC, FinTech India, APAC News, India News, NPST, a provider of digital banking and payments technology solutions, has announced the appointment of Ram Rastogi as an Additional Director in the Non-Executive Independent category of the company.

Rastogi brings to the table a wealth of knowledge garnered over 30 years in the banking and digital payments landscape. His expertise spans various domains, including payments, real-time decision-making, risk management, predictive analysis, and Reg-Tech.

Rastogi currently serves as the Chairman of the FinTech Association for Consumer Empowerment (FACE), a non-profit organisation dedicated to advocating the interests of consumer lending FinTech companies to regulators, media, distribution platforms like the Google Play Store, and other stakeholders.

Before his current role, Rastogi held pivotal positions at the State Bank of India, where he oversaw strategy, business development, ATMs, debit cards, and emerging payment systems. During his tenure as the Head of Product Development at the National Payments Corporation of India (2011–2017), Rastogi played a crucial role in driving the development of digital and real-time payment systems.

Deepak Chand Thakur, Co-Founder and CEO NPST, said; “We are thrilled to welcome Mr. Ram Rastogi to the NPST Board of Directors, one of India’s most distinguished thought leaders and respected banking industry veterans. NPST is executing an aggressive growth and expansion strategy in the digital payments space. Rastogi’s specialisation in digital payments and vast experience in navigating an evolving and vibrant regulatory and technological landscape make him an invaluable asset to the Board. His insights will provide vital guidance in strengthening NPST’s product portfolio, risk and compliance frameworks, and deepening partnerships across the ecosystem, to drive sustained, long-term industry and investor value.”

Ram Rastogi shared, “NPST, within a short span, has carved a name for itself in the emerging digital payments technology space. The company is on an incredible trajectory centred around innovative, new-generation offerings that serve all entities in the financial value chain. It’s a privilege and honour to join the board at such an exciting growth phase. I look forward to working with the team and advancing NPST’s vision to be a leader in digital banking and payments.”

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