Financial Technologies Group’s issues don’t seem to be ending anytime soon. Already struggling with the NSEl payout issue, its flagship subsidiary, Multi Commodity Exchange of India’s (MCX) MD and CEO Shreekant Javalgekar has filed his resignation.
In a statement to BSE, MCX said, “Javalgekar has submitted his resignation as Managing Director and CEO of the company, subject to the approval of the board.” A company spokesperson said that the reson behind Javalgekar’s resignation was personal.