Vikram Limaye opts out of 2nd term as NSE CEO & MD, says 'not interested'

Despite the upheaval, the NSE managed to clock a strong financial performance and cement its leadership position under Limaye's leadership

Vikram Limaye has decided not to seek a reappointment as managing director and chief executive officer (MD & CEO) of the National Stock Exchange (NSE). This comes as a surprise as the former IDFC MD was widely expected to get another term after a fairly successful five-year stint at the country’s largest bourse. His tenure ends on July 16, 2022.

“I have informed the board that I am not interested in pursuing a second term and will therefore not be applying and participating in the process that is underway,” Limaye said in a statement on Tuesday.

Limaye’s departure could once again push