NSE Invites Applications For MD And CEO, Amidst Probe
NDTV
The NSE began its search for a new chief executive officer (CEO) as the five-year term of the current chief Vikram Limaye is ending in July.
The National Stock Exchange (NSE) of India, the country's leading stock exchange, began its search for a new chief executive officer (CEO) as the five-year term of the current chief Vikram Limaye is ending in July.
India's largest bourse, the NSE, faces allegations of governance lapses and, as a result, has long delayed it's Initial Public Offering (IPO).
Indeed, the exchange's plan to go public in 2017 was derailed by accusations that some officials provided high-frequency traders unfair access to speed up algorithmic trading.
The search comes after the market regulator penalised former chief Chitra Ramkrishna, among others, following an investigation that showed she had sought advice for years from an outsider she described as a Himalayan yogi.
