GK Pillai appointed chairman of MCX-SX

The troubled Financial Technologies- promoted stock exchange MCX-SX today said it has appointed former Union Home Secretary Gopal Krishna Pillai as its chairman.

Also, former acting chairman of LIC, Thomas Mathew T, has been appointed as the vice-chairman.

The company said the board of directors cleared their appointments on October 24 and have been cleared by Sebi too.

Last month, Sebi had renewed the licence of the exchange after an extensive inspection.