April 1, 2025, marks a leadership transition at Hitachi Cash Management Services (CMS), a subsidiary of Hitachi Payment Services, as Yusuf Pachmariwala steps in as the new Managing Director & Chief Executive Officer. He will take over from Anup Neogi, who is set to retire.

Yusuf, currently serving as Director of Operations – Cash Business at Hitachi Payment Services, has been instrumental in driving the expansion of the company’s cash operations. His expertise in managing large-scale financial services will guide the company’s continued growth in the payments ecosystem.

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Hitachi Payment Services, a key player in India’s payment infrastructure, manages over 79,000 ATMs and supports more than 3 million merchant touchpoints across the country. The company processes over 7 million digital transactions daily, reinforcing its stronghold in both cash and digital payment services.

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