Mumbai: Vikram Limaye will take charge as managing director (MD) and chief executive officer (CEO) of the country’s largest bourse, the National Stock Exchange of India Ltd (NSE), on Monday, the exchange said in a statement on Friday. NSE said Limaye had been relieved by the Supreme Court of his responsibilities on the committee of administrators of the Board of Control for Cricket in India (BCCI) with immediate effect. More From Livemint »Limaye, an MBA in finance and multinational management from the Wharton School of the University of Pennsylvania, US, was shortlisted as the chief executive of NSE in February after Chitra Ramkrishna resigned as chief executive officer on 2 December 2016, citing personal reasons. On 5 December, after Ramkrishna’s exit, NSE had set up a panel with Usha Thorat, Mohandas Pai, Dinesh Kanabar and Anand Mahindra as members to select a new NSE chief. Limaye, who is currently the managing director and chief executive officer of IDFC Ltd, will leave his position officially on 15 July, Saturday, according to an IDFC annual report.

Source: Mint July 14, 2017 15:56 UTC