NSEL appoints Saji Cherian as new MD & CEO
The post was lying vacant since Anjani Sinha, the former MD & CEO quit following a payment crisis at NSEL. NSEL is actively pursuing recovery of outstanding dues from the defaulting members with pay-in obligation, a company press release said.
September 18, 2013 / 14:01 IST
The board of National Spot Exchange Limited (NSEL) appointed Saji Cherian as the Managing Director and Chief Executive Officer of the company with effect from September 16, 2013, a press release issued by the company stated.
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The post was lying vacant since Anjani Sinha, the former MD & CEO was sacked following a payment crisis at NSEL. Sinha, in recently-filed affidavit with a local magistrate, had taken the entire blame for the crisis in NSEL. NSEL is actively pursuing recovery of outstanding dues from the defaulting members with pay-in obligation, the release saidSaji Cherian was previously heading Listing -Issuer Services at MCX Stock Exchange (MCX-SX). He had also worked with Bombay Stock Exchange (BSE) as General Manager and at Madras Stock Exchange and Cochin Stock Exchange as Executive Director. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
