Showing posts with label 'NCDEX Managing Director'. Show all posts
Showing posts with label 'NCDEX Managing Director'. Show all posts

Monday 15 January 2018

Vijay Kumar to assume responsibility as NCDE0X MD and CEO one week from now

New Delhi: Market controller Sebi has affirmed arrangement of Vijay Kumar as Managing Director and CEO of driving agri-product bourse Mobile Number Database (National Commodity and Derivatives Exchange Limited) NCDEX.

He is probably going to accept the workplace one week from now.

Zee Business was the first to break the news about Kumar's choice in November a year ago.

Kumar, who had prior filled in as the best manager of NCDEX, will supplant Samir Shah.

A year ago, the NCDEX board had expanded Shah's residency for a long time. Be that as it may, following speculated control case in castor seed prospects, the board had forced conditions on the staying residency of two years.

Shah was designated in 2013 according to the administrative structure of recent Forward Markets Commission (FMC) for a long time till 2016. Afterward, his residency was stretched out for one year till August 2017 and after that again for a half year till February 2018.

In August a year ago, the trade began the determination procedure for new MD/CEO and looked for applications from qualified hopefuls. It has taken after the determination procedure delineated by business sectors controller Sebi and The Companies Act 2013.

The trade's choice panel had picked his name for the MD and CEO's post from a rundown of 11 hopefuls. An agro-industry veteran, Kumar has worked for Cargill and National Bulk Handling Corporation.


Source:-Zeenews

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