NSE sees senior level changes in past one year

By: |
Mumbai | Published: October 18, 2015 4:14:46 PM

National Stock Exchange (NSE) has seen significant changes at senior level in the past one year as it seeks to enhance its functional capabilities.

National Stock Exchange (NSE) has seen significant changes at senior level in the past one year as it seeks to enhance its functional capabilities.

The exchange appointed Mukesh Agarwal from Crisil early this year as the new chief executive for India Index Services & Products (IISL), replacing R Sundararaman, who had resigned late last year.

The bourse has also appointed new heads for its technology (Sankarson Banerjee), corporate finance, secretarial as well as clearing and settlement (Natrajan Ramaswamy) departments.

Besides, various functional heads have been recruited by the NSE for listing as well as international business.

An NSE official said the revamp is part of the exchange’s efforts “to enhance capabilities and widen the skill-set among its senior team”.

Without naming other appointments, the official also said it got a new head for corporate finance, who earlier worked with Raymond.

The exchange has also filled up secretarial post with an executive who has earlier worked for Deutsche Bank.

When contacted, an NSE spokesperson said these changes, including the exits and appointments, have taken place broadly in the past one year.

Interestingly, the NSE’s new head of clearing and settlement earlier worked for the Competition Commission.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Next Stories
1FPIs pour in Rs 17,000 cr in capital markets in October
2Agriculture Minister stresses on pulses, organic farming
3US daily San Francisco Chronicle crowdfunds $15k to do story on H-1B workers