Board of Directors
Our Board of Directors comprises of seven Directors who are well known and highly experienced.
The Board comprises of the following Directors:
| Name of the Director | Designation | Brief Profile of Director |
|---|---|---|
| Mr. Kumbla Srinivas Nayak | Chairman & Public Interest Director |
Mr. Kumbla Srinivas Nayak is an experienced Financial Services Information Technology professional with over 30 years in managing and leading technology projects and services in Financial Services. He has built and led multi-location Technology teams to deliver technology solutions deployed globally. Mr. Nayak has handled global responsibilities for software development and infrastructure services delivering global programmes. Before engaging in consulting from June 2019, Mr. Nayak was associated with Standard Chartered Bank, Singapore and Standard Chartered Bank, India. Mr. Nayak holds a Bachelor's degree in Engineering from BITS, Pilani. He is an independent director on the Board of Jana Small Finance Bank. Details of Directorship and full-time positions in Body Corporates: Mr. Kumbla Srinivas Nayak currently holds Independent Directorship in - Jana Small Finance Bank, Jana Finance Bnak |
| Mr. Bharat Sampat | Public Interest Director |
Mr. Bharat Sampat is a Chartered Accountant with 37 years of post-qualification experience in manufacturing, banking and Finance Shared Services industry in local as well as global companies and locations. Within Finance function have extensive experience in Financial Accounting, Financial Control and Reporting, Management Accounting, Taxation, Investor Relations and Capital Raising areas both within and outside India in BAU as well as Project roles. Apart from this, have also headed Legal, Company Secretarial, Property & Administration functions. His last assignment was as President & CFO with DCB Bank Ltd. Over 13 years with the Bank he have directly managed Finance, Investor Relations, Legal, Company Secretarial and Property & Administration functions. He was a permanent invitee to the meetings of the Board of Directors of the Bank and its key committees. He also chaired the Bankโs Operations Risk Management Committee and itโs retiral fund trusts. He was also a key member of the core management team which turned the Bank around after Global Financial Crisis. Details of Directorship and full-time positions in Body Corporates: Mr. Bharat Sampat currently holds Independent Directorship in - Tyger Capital Private Limited |
| Ms. Meera Ranganathan | Public Interest Director |
Ms. Meera Ranganathan is a Finance professional with 30 years of experience in Capital markets and Non-Banking Finance Company (โNBFCโ). She is graduate in Commerce, Master of Business Finance and ACIMA. Her expertise spans across business operations, compliance, finance and technology. Since February 2022, she has been working as a consultant, advisor, and mentor in a self-employed capacity. She was associated with Stock Holding Corporation of India Limited. She had held the position of Managing Director & CEO of IFIN Securities Finance Limited. She had held the position of Chief Operating Officer in IFCI Financial Services Limited and IFIN Commodities Limited. She had also held the position of a Director in Stockholding Securities IFSC Limited. Details of Directorship and full-time positions in Body Corporates: Nil |
| Mr. Udaybhaskar Vemuri | Public Interest Director |
Mr. Udaybhaskar Vemuri is a Chartered Accountant, Cost Accountant, and a graduate in Commerce with approximately 24 years of experience in the Operational Risk domain and Custody & Corporate Banking business. Mr. Vemuri has had a long association with governing and managing Operational Risk at two large global banks. He was associated with Citibank as the Head of Operations Risk & Control from June 2021 to May 2024. Prior to that, he worked with Standard Chartered Bank from April 2000 to May 2021, holding various positions throughout his tenure. His last position at Standard Chartered Bank was Head of Operational Risk, which he held from April 2015 to May 2021. Details of Directorship and full-time positions in Body Corporates: Nil |
| Ms. Seema Nayak | Non-Independent Director |
Ms. Seema Nayak is currently associated with NCDEX in the capacity of Chief Compliance Officer. With over two decades of experience in the securities markets spanning varied roles, she has a very rounded perspective of the regulatory framework and environment. It follows that her strongest skillset is designing and running enterprise level compliance programs. She is an MBA who started her career with the OTC Exchange of India, and then served the NSE for around 16 years. At NCDEX, she currently leads the teams for Exchange compliance, new membership and continuous membership compliance, internal audit, member inspection, investor protection, PML and enforcement. She is also a Trustee of the NCDEX Investor Protection Fund. She has been associated with NCDEX for over 7 years. With over 25 years of experience in the stock exchange space, she continues to be passionate about working for an industry that plays a vital role in the countryโs domestic economy. Details of Directorship and full-time positions in Body Corporates: Ms. Nayak holds full time position as Chief Compliance Officer of National Commodity and Derivatives Exchnage Limited |
| Mr. Kedar Deshpande | Non-Independent Director |
Mr. Kedar Deshpande is currently associated with NCDEX in the capacity of the Chief Business Officer since August 2024 where his focus is on developing a robust Price Discovery Mechanism and Price Risk Management strategies for agri-commodities, ensuring ease of business for Farmers Producer Organizations (FPOs), market participants, banks, and warehouse operators. His role involves shaping the overall business strategy, aligning stakeholders, and enhancing the operational and regulatory framework under SEBI guidelines to drive growth and efficiency in the commodity exchange ecosystem. Mr. Deshpande has over 25 years of work experience in retail and commercial banking with an expertise in new business initiatives, business development and product management. From September 2017 to December 2023, Mr. Deshpande served as the Managing Director & CEO of National E-Repository Limited (โNERLโ), where he focused on building a digitized warehousing ecosystem (agri-commodities) under the regulatory environment (WDRA) for ease of doing business for commodity exchanges, banks, farmers / market participants and warehouses. Before joining NERL, Mr. Deshpande, held key positions at Standard Chartered Bank and HDFC Bank, leading strategic initiatives in agriculture banking and commodity business development. Mr. Deshpande has done International Business Management from the Institute of International Business Management and B.E. from College of Engineering & Technology, Pune. He started his career with the Tata Info Media Limited and Pudumjee Paper Limited. He then served the IDBI Bank for around 9 years. Details of Directorship and full-time positions in Body Corporates: Nil |
| Mr. Rajiv Relhan | Managing Director & CEO |
Mr. Rajiv Relhan is a financial services professional with over 35 years of experience predominantly in securities domain spanning commodities exchange operations, banking and custody services in leading organisations. Key skill sets include operations management, project implementation, process reengineering, automation and operational Risk management. He holds a B Com (Honours) degree from the Faculty of Commerce, BHU, Varanasi and a MMS degree in Finance from the FMS BHU, Varanasi. Mr. Rajiv Relhan is currently associated as the MD & CEO of National Commodity Clearing Limited (โNCCLโ), a wholly-owned subsidiary of National Commodity & Derivatives Exchange Limited. Prior to joining NCCL, he was associated with Standard Chartered Bank since November 1995. Before his exit from Standard Chartered Bank, he held the position as Head โ Corporate Institutional & Commercial Operations in Standard Chartered Bank. Prior to joining Standard Chartered Bank, he worked with Stock Holding Corporation of India for around 6 years. Apart from the above, Mr. Rajiv Relhan has held numerous key positions on market committees viz. represented Standard Chartered Bank on the Executive Committee of NSDL for 4 years. Further, he has led various advocacy measures through connect with RBI, SEBI and Depositories for FPIs ease of business in India and has also provided feedback to Regulators on introduction of new products. Mr. Rajiv has represented NCCL at SEBIโs Commodity Derivatives Advisory Committee and Risk Management and Review Committee. Mr. Rajiv Relhan had led a delegation of senior stakeholders from SEBI and NABARD for a scientific due diligence of advanced grain storage facilities and infrastructure across Australia - to migrate the best practices of efficient and low costs storage technology which can be implemented in India to facilitate district level storage silos for small and medium farmers. Details of Directorship and full-time positions in Body Corporates: Nil |
| UAT Team | TESTING |
1. Tester1 2. Tester2 3. Tester3 |