NSE hires 5 senior executives, including new CEO for IISL

To further enhance its functional capabilities, top bourse NSE has hired five senior executives from across sectors over the past six months.

While the National Stock Exchange (NSE) has appointed Mukesh Agarwal from Crisil as the new chief executive for India Index Services & Products (IISL), replacing R Sundararaman.

The exchange has also appointed new heads for its technology (Sankarson Banerjee), corporate finance, secretarial as well as clearing and settlement (Natrajan Ramaswamy) departments over the past six months.

Besides, various functional heads have also been recruited by the NSE for listing as well as international business so far in the current fiscal year.

An NSE official said the revamp is part of the exchange's efforts "to enhance capabilities and widen the skill-set among its senior team".

Without naming other officials, the official also said it got a new head for corporate finance, who earlier worked with Raymond.

Other than this, the exchange has also filled up secretarial post who worked as a senior executive for Deutsche Bank.

Interestingly, the NSE's new head of clearing and settlement earlier worked for the Competition Commission.

The management level executives are part of the NSE's succession planning.

The NSE is the country's largest stock exchange and also figures among the top world bourses in terms of number of volume.