Ashutosh Dubey

About Ashutosh Dubey

As a fintech strategy and product leader, I designed and scaled future-ready digital payment infrastructures that shape India’s next decade of financial innovation.Leadership experience - Senior leadership experience spanning UPI, CBDC, asset tokenization, and regtech, with a track record of translating policy, technology, and market insights into executable product strategy- Known for operating at the intersection of architecture and business outcomes, aligning multi-year roadmaps with regulatory priorities and enterprise growth objectives.Strategic impact - Architected an Asset Tokenization Framework and pioneered CBDC solution designs that enable programmable, compliant digital asset ecosystems for large financial institutions- Delivered step-change commercial impact, including a 30% uplift in cross-sell through model-context-driven communication strategies and data-led experimentation at scale.Execution and ecosystem - Lead high-performing, cross-functional teams to launch scalable, secure, and regulatory-compliant payment platforms across major banks and the NPCI-led ecosystem- Partner closely with regulators, banks, and fintechs to accelerate digital transformation and build resilient infrastructure for India’s financial ecosystem.Call to action - Open to collaborating with boards, CXOs, and founders who want to turn digital payments, CBDC, and tokenization into differentiated growth and inclusion advantages- Let’s shape the next wave of fintech innovation—grounded in trust, scale, and real-world impact.

Experience

1. Senior Vice President

   Kotak Mahindra Bank

   Feb 2025 — Present · Mumbai, IN

   Led Software product leaders for Payments:Managed product lifecycle for AEPS,IMPS,UPI,CBDC,BillpaymentsLarge-Scale Ecosystem Migrations​Massive UPI Infrastructure Migration: Orchestrated the end-to-end migration of 45 million (4.5 Cr) accounts onto the UPI rail, maintaining 99.9% system uptime and ensuring seamless transition for India’s largest payment network.​Digital Adoption Scaling: Successfully migrated users to the Kotak Mobile Banking App for CBDC usage, utilizing targeted engagement strategies to drive a 25% increase in active digital users.​AI-Driven Innovation & MCP​PAPQ Improvement (Payment Automation & Process Acceleration): Conceptualized and deployed the \"PAPA\" framework using MCP (Model Context Protocol) to automate complex payment workflows. This reduced manual intervention in payment processing by 40% and enhanced error-detection capabilities.​Agentic AI for Payments: Leveraged MCP to create a standardized context-sharing layer between LLMs and core banking APIs, allowing for \"smart\" payment routing and automated query resolution for high-value corporate clients.​Product Development & Strategic Growth​CBDC & Programmable Money: Led the launch of Central Bank Digital Currency (CBDC); pioneered programmable use cases for Direct Benefit Transfer (DBT) and loan disbursements, enabling automated, rule-based fund utilization.​Bill Fetch Optimization: Re-engineered the \"Bill Fetch\" architecture, reducing fetch-latency by 35% and significantly improving success rates for recurring bill payments.​Data-Driven Cross-Sell: Developed AI-powered predictive models to analyze transaction data, identifying high-propensity segments for CASA growth and loan cross-selling, resulting in a 15% lift in Relationship Value (RV) across the retail segment

Education

• IPS ACADEMY, Indore

  Bachelor of Engineering (B.E.), Electrical, Electronics and Communications Engineering

  2008 — 2012

• RC school

  Class 12th, PCM

  1995 — 2008

• IMD

  Executive program, Digital disruption program

  2020 — 2020

• Indian Institute of Management Mumbai

  Doctor of Philosophy - PhD, Finance economics and strategy

• Welingkar Institute of Management

  PGDM, E-Commerce/Electronic Commerce/E-business/IT management/Finance

  2014 — 2016

Skills

• Requirements Analysis
• Advance Business Analytics
• C
• Article Writing
• Poetry
• Rpg Iii
• Management
• Software Development Life Cycle (Sdlc)
• Credit Card Terminals
• Banking
• Team Management
• Databases
• Ms Excel Pivot Tables
• C++
• Business Analysis
• Post Trading Activities
• Project Management
• Tally Erp
• Data Analysis
• Analysis
• Sql
• Payment Cards
• Credit Cards
• Core Banking
• Financial Analysis
• Consulting
• Java
• Report Writing
• Analytical Skills
• Equity Research
• Sql400
• Wealth Management
• Analytics
• Business Strategy
• Capital Markets
• Artificial Intelligence
• Feasibility Studies
• Portfolio Management
• Microsoft Word
• Financial Modeling