MonetaGo appoints Kashinath Katakdhond as MD-India

Blockchain firm MonetaGo has appointed Kashinath Katakdhond as the Managing Director for their Indian operations.

Katakdhond, who was previously MD and CEO of Receivables Exchange of India Limited (RXIL), was instrumental in setting up RXIL, India's first TReDS platform, a joint initiative of the National Stock Exchange of India Ltd (NSE) and Small Industries Development Bank of India (SIDBI) and backed by SBI, ICICI Bank and YES Bank.

"We are excited to bring Katakdhond on board to spearhead MonetaGo's Indian operations. He comes with decades of global experience in the financial services space and information technology industry. His knowledge and clout in the Indian landscape will tremendously benefit not only our own development roadmap, but the entire Indian economy," said founder and CEO of MonetaGo, Jesse Chenard.

With 25 years of experience, Kashinath Katakdhondhe was working in Corporate Treasury on the Treasury Liquidity Monitoring Program put in place by Federal Reserve Bank during the financial crisis.

"Having learned about the capabilities of the teams at MonetaGo firsthand as well as the various technologies which they are helping institutions implement, I felt that I could help the growth of these networks. By providing a clear benefit to the millions of businesses we have here in India I would be helping one of our most important resources: our people," said Kashinath Katakdhond.