The Reserve Bank Innovation Hub (RBIH) has named Sahil Kini as its new Chief Executive Officer, marking a major development in its efforts to foster innovation within India’s financial services sector. “Reserve Bank Innovation Hub (RBIH) has announced the appointment of Sahil Kini as its new Chief Executive Officer, marking a pivotal step in accelerating innovation within India’s financial ecosystem.”
Kini brings with him a diverse and impactful background in public digital infrastructure, combining experience across technology startups, venture capital, and policy. He is best known as the co-founder of Setu, an API infrastructure startup that was acquired by Pine Labs in 2022. His professional journey includes key roles at Aspada, McKinsey & Company, and Ezetap, where he contributed to transformative fintech strategies.
Notably, Kini was a part of the founding team behind Aadhaar and has played an instrumental role in the creation and evolution of India’s digital public goods ecosystem. He has been actively involved in initiatives such as the Unified Payments Interface (UPI) and the Account Aggregator framework, through his work with iSPIRT, a think tank supporting India’s digital infrastructure.
As CEO of RBIH, Kini will lead efforts to catalyze financial innovation, drive inclusion, and foster strategic partnerships across the fintech landscape. “As CEO, Sahil will lead RBIH’s mission to drive innovation, inclusion, and collaboration across the fintech landscape.” His leadership will focus on key ongoing initiatives like the Unified Lending Interface (ULI), the fraud-detection platform MuleHunter.ai™, and the Digital Payments Intelligence Platform (DPIP)—all of which are designed to align with the broader Viksit Bharat vision of a digitally empowered and financially inclusive India.
Kini’s appointment signals RBIH’s intent to bridge the gap between cutting-edge technology and regulatory frameworks, positioning the hub as a central force in shaping the future of India’s digital finance sector. With his strong track record in building scalable tech infrastructure and policy-aligned innovation, he is expected to bring transformative momentum to the hub’s mission.