Ashok Jha appointed MCX-SX non-executive chief

MCX Stock Exchange (MCX-SX) today said it has appointed former Finance Secretary Ashok Jha as its non-executive chairman.

"Jha would join the board from August 1, 2009, after discharging his current responsibilities," MCX-SX said in a statement issued here.

He would be succeeding P G Kakodkar, former chairman of State Bank of India, who wanted to be relieved for health reasons.

MCX-SX further said that former UTI Chairman S A Dave would be joining the board as an independent director.

The company has appointed Joseph Massey as its managing director and CEO, who was earlier MD and CEO of MCX.

 

MCX Joint Managing Director Lamon Rutten would be succeeding Massey, the company said.

"I welcome the new members on board," MCX Stock Exchange Vice-Chairman Jignesh Shah said.