Chitra Ramkrishna

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Chitra Ramkrishna
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Occupation Former Managing Director and CEO
Employer National Stock Exchange of India
Location Mumbai, India

Chitra Ramkrishna is the former managing director and CEO of the National Stock Exchange of India (NSE). She assumed the role in April 2013, and resigned from the company in December of 2016, just months before the NSE's planned IPO.[1] [2] She replaced long-time CEO Ravi Narain, who was subsequently elected to be NSE's non-executive vice-chairman. She is the first woman to head the National Stock Exchange and the second woman to head a top bourse in India.[3]

In November of 2016 she was named the new chairperson of the World Federation of Exchanges at the annual meeting in Cartagena, Colombia. She succeeded Juan Pablo Cordoba, CEO, Bolsa de Valores de Colombia, who served two years as WFE chairman. She was on the team that created the NSE, which now ranks second in the world in cash market trades, according to the WFE.[4]

Background

Ramkrishna and Narain were part of the initial leadership team selected by the Government to set up NSE, which was incorporated in 1992 and became operational in 1994. She was also part of a team that drafted the legislative framework for the securities market regulator SEBI in 1987.[5] Since then she has held several operational and strategic roles at NSE, most recently serving as joint managing director with Narain.

Before joining NSE, she worked at the state-run Industrial Development Bank of India, or IDBI.

She was included in Fotune's list of the 50 most powerful women in business in 2013.[6][7]

Education

She earned a degree in accountancy from the Institute of Chartered Accountants of India, as well as a degree in commerce.

References

  1. Chitra Ramakrishna to be new CEO, MD of NSE. The Hindu.
  2. Biggest Indian Exchange's CEO Resigns Just Months Before IPO. Bloomberg.
  3. India's 25 most influential women. India Today.
  4. World Federation of Exchanges Names India's NSE, Switzerland's SIX Group, And US's CBOE As New Board Officers. MondoVisione.
  5. Chitra Ramkrishna to take over as NSE chief tomorrow. The Hindu Business Line.
  6. Chitra Ramkrishna biography. World Federation of Exchanges.
  7. Four Indians among Fortune's list of 50 most powerful women in business. The Economic Times.