NSE invites applications for the post of MD and CEO

Mumbai: National Stock Exchange, which is currently under regulatory Test Applications were invited for the post of Managing Director and Chief Executive Officer on Friday for alleged financial scam.

The last date to apply for the role is March 25, NSE announced.

Current MD and CEO Vikram Limaye will complete his term in June this year. Limaye, a chartered accountant, returned to India in 2004 after a decade in the US, first doing an MBA at Wharton, and then eight years on Wall Street with Credit Suisse First Boston working in various roles in investment banking, capital was doing. Markets, Structured Finance and Credit Portfolio Management.

His appointment came in 2017 when NSE saw some high-profile exits at the top management level. Currently, markets regulator Securities and Exchange Board of India (SEBI) is probing the exchange for allegedly providing access to its co-location servers to select brokers for algorithmic transactions, delaying NSE’s ambitions for listing. is happening.

NSE said that the candidate applying for the role of MD & CEO should have more than 25 years of experience, domain knowledge in various capital/securities and financial markets. At least five years at the leadership level, preferably as a CEO in the financial services sector, is required.

Based on the announcement of NSE, the candidate applying for the post should have a track record of strengthening corporate governance, enterprise risk management and compliance management framework.

NSE said the candidate is expected to have exposure to the operations of a publicly listed company or to lead an organization through the initial public offering process, which will be an added advantage.

The notice states that the prospective candidate should be updated with relevant market developments, regulatory frameworks, product innovations and technology advancements in local and global markets.

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