MCX appoints Harsh Kumar Bhanwala as Chairman
The Securities and Exchange Board of India (SEBI) has approved the appointment of Harsh Kumar Bhanwala as Chairman of the governing board of the Multi Commodity Exchange of India Limited (MCX). This has been done in accordance with the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018.
Mumbai
The Securities and Exchange Board of India (SEBI) has approved the appointment of Harsh Kumar Bhanwala as Chairman of the governing board of the Multi Commodity Exchange of India Limited (MCX). This has been done in accordance with the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018.
Bhanwala was the chairman of the National Bank for Agriculture and Rural Development (NABARD) from December 18, 2013 to May 27, 2020. He was also Chairman-cum-Managing Director (CMD) of the India Infrastructure Finance Company Ltd (IIFCL).
Besides, he has been on various committees of government regulatory authorities, the latest being chairman of SEBI's Technical Group on Social Stock Exchange (SSE-TG).
Bhanwala has over 36 years of experience in development finance, organizational transformation and solving rural problems, enhancing farmers' income and promoting sustainable agriculture.
An IIM-Ahmedabad postgraduate, Bhanwala is a PhD in Management. He has also been given honorary doctorate degrees by the Tamil Nadu Agricultural University, Coimbatore, and the Indian Council of Agricultural Research (ICAR)-Central Institute of Mumbai. He is a graduate in dairy technology from the National Dairy Research Institute (NDRI).
