Hitachi Payment appoints Rustom Irani as MD, Loney Antony elevated to Vice Chairman

Mumbai: Hitachi Payment Services Pvt. Ltd. (Hitachi Payments) today announced the appointment of Rustom Irani as its new Managing Director, in addition to his responsibilities as the CEO of Cash Business. He will also be inducted into the company’s Board effective 1st April 2019.

Loney Antony, an industry stalwart, has led Hitachi Payments as the Managing Director from its inception. Effective 1st April 2019, Loney assumes a larger advisory role of Vice Chairman and Non-Executive Director of the Board of Directors of Hitachi Payments & Mentor to the Leadership Team. In addition, he will be an advisor for the expansion of the Global Payments business and the Social Innovation Business of Hitachi.

“Rustom is the ideal blend of business sense and deep technical expertise that can add value to any business. He has been instrumental in shaping Hitachi Payment Services’ growth from its early stages and will now be responsible to lead the company into its next phase of growth.” said Loney Antony, Vice Chairman & Mentor, Hitachi Payment Services. 

Rustom has been with the company for over 8 years, and served as the Chief Operations Officer of Hitachi Payment Services, before assuming the role of the CEO of the company’s Cash Business in April last year. Prior to that, he was the Director of Operations, Technology, Field Engineering and Channel Management groups. He was instrumental in setting up the technology infrastructure, operations and process management teams for the company. Before joining Hitachi Payments, he worked with MindTree as the Senior Vice President in the IMTS business. He has also worked with Sify, Yahoo India and Citibank India’s Technology Division.