Mumbai: The Nationwide Inventory Trade, which is presently underneath regulatory probe for alleged monetary rip-off, on Friday invited purposes for the publish of managing director and chief govt officer.
The final date for making use of for the function is 25 March, the NSE introduced.
Present MD & CEO Vikram Limaye can be finishing his time period in June this 12 months. Limaye, a chartered accountant, had returned to India in 2004 after a decade within the US, first doing an MBA at Wharton, after which engaged on Wall Avenue for eight years with Credit score Suisse First Boston in quite a lot of roles in funding banking, capital markets, structured finance and credit score portfolio administration.
His appointment got here in 2017 after NSE witnessed some high-profile exits on the prime administration stage. Presently, market regulator Securities and Trade Board of India (Sebi) is probing the alternate for allegedly providing choose brokers privileged entry to its co-location servers for algorithm transactions, delaying the NSE’s ambitions for a list.
NSE stated the candidate making use of for the function of MD & CEO will need to have greater than 25 years of expertise, area information in numerous capital/ securities and monetary markets. A minimal of 5 years on the management stage, ideally as CEO within the monetary providers sector, is required.
Based mostly on the NSE announcement, the candidate making use of for the publish will need to have a observe document of strengthening company governance, enterprise danger administration and compliance administration framework.
The candidate is predicted to have publicity in working a publicly listed firm or having led a company by way of an preliminary public providing course of, which can be an added benefit, NSE stated.
The potential candidate have to be up to date with related market developments, regulatory frameworks, product improvements and expertise developments within the native and world markets, the discover stated.
Supply: Live Mint