Monday 5 December 2016

NSE Forms Four-Member Panel To Select New Chief After Ramkrishna’s Exit

NSE Forms Four-Member Panel To Select New Chief After Ramkrishna’s Exit The National Stock Exchange has appointed a four-member committee to start the process for appointment of a new chief executive officer and managing director, following the resignation of Chitra Ramkrishna.

The panel will include:
Dinesh Kanabar, public interest director, NSE
TV Mohandas Pai, public interest director, NSE
Anand Mahindra, Chairman, Mahindra Group, as independent external expert
Usha Thorat, ex-Deputy Governor, RBI, as independent external expert
The Selection Committee, after following the due process will recommend names to the Nomination and Remuneration Committee and the board of NSE, India’s largest stock exchange said in a media statement.
Ramkrishna resigned as chief executive officer of NSE on Friday, months before the exchange was about to go public.
She “tendered her resignation due to personal reasons and expressed her desire to step down with immediate effect”, NSE said in an earlier statement.
Group President J Ravichandran has been appointed as the interim CEO and MD.

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