MCX says CEO Manoj Vaish resigns
MUMBAI (Reuters) - Multi-Commodity Exchange of India Ltd (MCX)(MCEI.NS) on Thursday said Managing Director and Chief Executive Manoj Vaish has resigned after just three months in office citing health reasons.
Vaish, who took charge on Feb. 1, resigned from both posts and will work with the exchange's board to ensure a smooth transition to his successor, MCX said in a statement.
MCX's largest shareholder, Financial Technologies (India) Ltd (FITE.NS), is in the process of selling its 26 percent stake after the commodities regulator last year ruled MCX was not "fit and proper" to run a bourse.
(Reporting by Himank Sharma and Zeba Siddiqui; Editing by Christopher Cushing)
- Tweet this
- Share this
- Digg this
- 'Wizard of Oz' Cowardly Lion suit, Casablanca piano go for millions
- Missouri governor orders more troops to Ferguson after riots |
- Female suicide bombers kill at least 44 in Nigeria's northeast
- France to send armoured unit to Poland for exercises
- Jewish-nation bill frays Israel's delicate social fabric
India's economic growth probably slowed to around 5 percent in the three months to September, slipping from 5.7 percent in the previous quarter, two senior finance ministry sources said, putting pressure on the central bank to cut interest rates. Full Article