 "MCX gets new managing director")
"Mrugank Paranjape has joined as MD and CEO of the company on May 09, 2016," the exchange said in a BSE filing.
His term is for three years. He worked with Deutsche Bank for 14 years. Later, he headed DB Center of the bank.
Also Read
MCX has been headless for the past two years. P K Singhal was handling the affairs of the exchange as joint MD.
Now with the appointment of the MD, Singhal has been re-designated as the President and Whole Time Director with effect from April 1.
A year ago, the company had appointed an MD but his name was rejected by the then regulator FMC on the grounds that proper procedures were not followed.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%