Vikram Limaye awaits Sebi nod to join NSE, 2 months on

Some expect him to join by May, while IDFC website shows he is still its MD & CEO

It has been over two months since the country’s top bourse, the National Stock Exchange (NSE), zeroed in on its choice of managing director and chief executive officer. But, Vikram Limaye is yet to take charge as the Securities and Exchange Board of India (Sebi) has not yet cleared his appointment, according to three people familiar with the matter. Interim CEO J Ravichandran has begun his fifth month at the helm. 

Meanwhile, 50-year-old Limaye continues to be listed as the managing director and CEO of IDFC, the listed infrastructure financier. 

One of the persons cited above said, “The Sebi clearance