New Delhi, May 17 : Country's youngest stock exchange Metropolitan Stock Exchange of India Limited inducted industry expert and SEBI CDAC member Vijay Sardana.
The commodity market veteran will also be part of the Business Development Committee to guide and oversee strategic initiatives to foster business improvement.
MSE’s current Board includes eminent industry topguns such as Mr .K. Mehrotra (Former Chairman of Life Insurance Corporation of India), Mr. etanVikamsey (Chairman of HLB India Federation; Senior Partner - KhimjiKunverji& Co.), SudhirBassi (Executive Director in Capital Markets Practise Group – Khaitan& Co), TrishnaGuha (Former Executive Director of Dena Bank & Former General Manager of Allahabad Bank) and Mr. S.V.D. Nageswara Rao (Senior faculty of Economics and Finance at the School of Management IIT Mumbai)MSE Interim CEO Balu Nair in a statement said “As the exchange gears up to expand the currency derivative markets,MrSardana's guidance to the Business Development Committee, shall help MSE to achieve its business goals. The exchange is putting in lot of efforts to improve business on various fronts.
The recent move of SEBI to introduce interoperability has made the Indian securities markets will enable MSE to have a fair play in the Equity, Equity Derivatives & Currency Derivatives Segment." ”Mr Sardana said, “Capital market is the key to nation's development and it is crucial that all stakeholders including corporate players, traders, importers & exporters collaborate and make use of the exchange ecosystem to hedge risks and raise capital." UNI