Paytm has hired former RBI deputy general manager Vipin Surelia as risk and compliance vice-president. Apart from RBI, Surelia has also headed National Payments Corporation of India’s product development vertical. Paytm said Surelia was involved with the payments sector for 19 years having closely worked with Unique Identification Authority of India, RBI, banks and fintech partners on several occasions. He was in charge of rolling out various NPCI initiatives such as CTS (cheque truncation system), NACH (national automated clearing house), mobile payments, Aadhaar-based systems and unified payments interface. He has also been associated with IBM India and HSBC in leadership roles, the company said.
