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Manoj Vaish took charge as MD & CEO of MCX

Feb 4, 2014 12:12 IST

Manoj Vaish took charge as the Managing Director (MD) and Chief Executive Officer (CEO) of Multi Commodity Exchange of India Ltd. (MCX) on 1 February 2014. Forward Markets Commission (FMC) the commodity markets regulator approved the appointment of Vaish. His appointment is for a period of three years.

His appointment came following step down of Shreekant Javalgekar in October 2013 as the Managing Director and CEO of MCX following the 5600 crore rupees scam related to National Spot Exchange (NSEL). NSEL is a sister concern of MCX and is co-promoted by MCX promoter Financial Technologies India Ltd. (FTIL).

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At the time of appointment, Vaish was the Managing Director of NSDL Database Management. Between 1998 and 2004, he served as the executive director of the BSE and CEO of financial services research firm Dun & Bradsheet

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