Girish Chandra Chaturvedi appointed new of Chairman National Stock Exchange

The National Stock Exchange(NSE) has appointed Girish Chandra Chaturvedi as its new chairman. His appointment comes following the approval of markets regulator Securities and Exchange Board of India (SEBI). The NSE chairman was lying vacant since January 2019 when then incumbent Chairman of NSE Ashok Chawla resigned in the middle of charges of corruption in Aircel-Maxis case. The Aircel-Maxis is a case of alleged corruption in grant of Foreign Investment and Promotion Board (FIPB) clearance in Aircel-Maxis deal.

About Girish Chandra Chaturvedi

He is a former bureaucrat who retired from Indian Administrative Services (IAS) in January 2013 as Secretary, Ministry of Petroleum and Natural Gas. He is currently on board of ICICI Bank and member of government appointed board of Infrastructure Leasing and Financial Services Ltd (IL&FS). In past, he has also served as Director (Government Nominee) on Boards of Canara Bank, IDBI Bank Ltd, Bank of Baroda, IDFC Ltd, GIC Re of India, United India Insurance Co. Ltd, Agriculture Insurance Co. of India, New India Assurance Co. Ltd, National Insurance Academy and Institute of Banking Personnel Selection (IBPS).

Month: Current Affairs - December, 2019