National Stock Exchange’s (NSE) chief and Managing Director Ravi Narain on 17 October 2012 was elected as chairman of the working committee of the World Federation of Exchanges (WFE).
The appointment of Ravi Narain came in the annual meeting of World Federation Exchange which also elected elected Deutsche Borse AG's Deputy Chief Executive Officer (CEO) Andreas Preuss as its chairman, while Thomas A Kloet, CEO of TMX Group, as the vice-chairman of the working committee.
Ravi Narain is also the chairman of the National Securities Clearing Corporation and a board member of the National Commodity and Derivatives Exchange.
The World Federation of Exchanges (WFE) is an international organization for securities and derivative markets such as stock exchanges. It comprises of Group of more than 50 Bourses or Stock Exchanges.
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