National Spot Exchange on Tuesday appointed Saji Cherian as new CEO and Managing Director of the bourse, nearly a month after sacking its previous chief Anjani Sinha.
Sinha was sacked on August 20 following payment crisis of about Rs5,500 crore in the exchange after it shut down the operation in the wake of government order.
“The board of NSEl appointed of Saji Cherian as the Managing Director and Chief Executive Officer of the company with effect from September 16, 2013,” NSEl said in a statement.Cherian has over 23 years experience in dealing with exchanges and market participants.