Chitra Ramkrishna quit her position of CEO and MD of National Stock Exchange (NSE) on Friday. Personal reason is what she told for her quitting before ending her 24-year career. J Ravichandran, group president, will be in charge till the board appoints a new CEO. Below are 10 things you would want to know about this women entrepneur.
- Chitra Ramkrishna is the first woman managing director and chief executive officer of the National Stock Exchange (NSE)
- Started out as a chartered accountant, her encounter with finance was in 1985. She joined the project finance division of Industrial Development Bank of India (IDBI)
- For someone who has never invested in equities was running the country’s largest stock exchange
- She had a two year stint with SEBI before she joined NSE
- She was one of the five handpicked executives by the late SS Nadkarni (Late IDBI chairman) to set up NSE against Bombay Stock Exchange (BSE)
- She had very little knowledge about business when she started her new assignment of NSE in 1991, especially when Indian markets had gone through a bruising scandal. This was the time of rogue trader Harshad Mehta.
- Became MD & CEO of NSE in April 2013 at the age of 50 for a term of 5 years (Till April 2018). She resigned before ending of her term.
- Ramkrishna started internet trading at NSE in February 2000 when the market was at the peak of the dotcom boom
- Her objective of continually producing new, investor-friendly offerings and implementing new cutting edge technology kept the exchange on top.
- Won Forbes’ Women Leader of the year (2013). For striking a delicate balance between the exchange’s commercial and regulatory roles and keeping NSE ahead of the pack with a high degree of professionalism, new products and cutting-edge technology.
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