NSE CEO Limaye takes charge, priortises resolving regulatory issues

India Infoline News Service | Mumbai | July 17, 2017 15:56 IST

Vikram Limaye, former head of infrastructure lender IDFC, took over as the Director and Chief Executive Officer of National Stock Exchange (NSE) on Monday.

Vikram Limaye, former head of infrastructure lender IDFC, took over as the Director and Chief Executive Officer of National Stock Exchange (NSE) on Monday.
 
During an interaction with the media, Limaye said that his first immediate priority is to sort out regulatory issues. He also clarified that the exchange will go public only once the regulatory issues are sorted out.
 
Limaye's appointment has come at a time when the company is fighting allegations that it gave some of its clients’ preferential access to servers at its co-location centre between 2010 and 2014.
 
Vikram Limaye was selected by the board of NSE in February, following the exit of Chitra Ramkrishna in December last year. In March, shareholders of the exchange approved the appointment. In June, SEBI approved Limaye’s appointment, subject to his resignation from a Supreme Court-appointed cricket committee. 

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