NSE sees senior level changes

National Stock Exchange (NSE) has seen significant changes at senior level in the past one year as it seeks to enhance its functional capabilities.
The exchange appointed Mukesh Agarwal from Crisil early this year as the new chief executive for India Index Services & Products (IISL), replacing R Sundararaman, who had resigned late last year.
The bourse has also appointed new heads for its technology (Sankarson Banerjee), corporate finance, secretarial as well as clearing and settlement (Natrajan Ramaswamy) departments.
Besides, various functional heads have been recruited by the NSE for listing as well as international business.
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 appointments, the official also said it got a new head for corporate finance, who earlier worked with Raymond.

The exchange has also filled up secretarial post with an executive who has earlier worked for Deutsche Bank.
When contacted, an NSE spokesperson said these changes, including the exits and appointments, have taken place broadly in the past one year.
Interestingly, the NSE's new head of clearing and settlement earlier worked for the Competition Commission.