Chitra Ramkrishna quits as CEO and MD of NSE

03 Dec 2016

1

Chitra Ramkrishna, chief executive officer and managing director of the National Stock Exchange (NSE) and one of its founding members, resigned as CEO & MD of the country's largest stock exchange on Friday.

The CEO's resignation, coming weeks ahead of the NSE filing the draft prospectus for its public listing, has come as a shock to market watchers.

The board of NSE has appointed J Ravichandran, group president, to hold charge of the office of CEO with immediate effect.

Chitra Ramakrishna, 52, was among the few handpicked by NSE founder R H Patil, and IDBI chairman SS Nadkarni to set up the exchange in 1993.

As CEO of the bourse, she had ensured that NSE remained a market leader with an absolute hold on the equity market - controlling 85 per cent of the cash segment and 99 per cent of futures and options – and a 70 per cent share of the bond market.

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers