Mumbai: MCX Stock Exchange Ltd (MCX-SX), a stock exchange promoted by Multi Commodity Exchange of India Ltd and Financial Technologies (India) Ltd said on Sunday it has appointed former finance secretary Ashok Jha as its non-executive chairman.
“Jha would join the board from 1 August after discharging his current responsibilities,” MCX-SX said in a statement issued here. He will succeed P.G. Kakodkar who wanted to be relieved for health reasons.
MCX-SX further said former UTI chairman S.A. Dave would be joining the board as an independent director.
The stock exchange has appointed Joseph Massey as its managing director and chief executive officer. Massey was earlier managing director and chief executive officer of MCX.
MCX joint managing director, Lamon Rutten, will take over from Massey at the commodity exchange, according to the statement.