National Stock Exchange (NSE) on Monday said Chitra Ramakrishna will become its Managing Director and CEO with effect from April 1, 2013, while its present chief Ravi Narain will assume the role of Vice-Chairman in a non-executive role.
At a meeting held here on Monday, the board of NSE decided that Ms. Ramkrishna, at present Joint MD of the bourse, would take charge as MD and CEO with effect from April 1, 2013 for five years.
Mr. Narain’s present tenure as MD and CEO will end on March 31, 2013. He was the Deputy MD of the NSE for the first six years from the exchange’s inception and MD and CEO for over 12 years.
Ms. Ramkrishna has also been with NSE since inception and at present serves as the Joint MD.
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