Udai Kumar has been appointed as full-time Managing Director (MD) and Chief Executive Officer (CEO) of Metropolitan Stock Exchange of India (MSEI) Ltd.
His appointment was approved by SEBI (Securities and Exchange Board of India) and comes after stringent shortlisting process and interviews by the Selection Committee.
Prior to this appointment, he was given an interim charge after then MD and CEO Saurabh Sarkar had resigned.
Udai Kumar is a veteran of the capital and financial markets. He has over two decades of rich experience in stock exchange administration, fund-raising, capital markets, restructuring and merger and acquisition functions.
About Metropolitan Stock Exchange of India (MSEI) Ltd
- MSEI formerly known as MCX Stock Exchange Ltd. (MCX-SX), is India’s youngest and one of the three stock exchanges recognized by SEBI. It was founded in 2008.
- It offers an electronic, transparent and hi-tech platform for trading in Capital Market, Currency Derivatives, Futures & Options, Interest Rate Futures (IRF) and Debt Market segments.