NSE has appointed Injeti Srinivas, former Chairman of the International Financial Services Centres Authority (IFSCA), as its new Chairman. This position had been vacant for two years. Srinivas possesses over 40 years of experience in corporate and financial regulation, policy leadership, and international cooperation.
New Chairman of NSE: The National Stock Exchange (NSE) on Tuesday appointed Injeti Srinivas as its new Chairman. This position had been vacant for two years, and the appointment comes at a time when NSE is preparing to launch its IPO. Srinivas previously served as the Secretary of the Ministry of Corporate Affairs and as the founding Chairman of IFSCA. He brings over four decades of experience in corporate and financial regulation, policy innovation, and international cooperation, and is recognized for his expertise in institutional reforms and strengthening global relationships.
Injeti Srinivas's Experience
Injeti Srinivas is a 1983 batch IAS officer from the Odisha cadre. He previously served as the founding Chairman of the International Financial Services Centres Authority (IFSCA). Additionally, he has made significant contributions to national service as the Secretary of the Ministry of Corporate Affairs. Srinivas has over four decades of experience in corporate and financial regulation, industrial promotion, company and insolvency law, competition law, chartered accountancy, cost accounting, company secretary law, public policy, and international cooperation.
In its statement, the NSE board stated that Srinivas's experience and expertise will play a crucial role in strengthening the stock market's operations and institutional reforms.
Contribution at IFSCA
From 2020 to 2023, Srinivas served as the founding Chairman of IFSCA. During this period, he established India's first international financial regulator. He promoted new initiatives in global banking, fintech, sustainable finance, the fund ecosystem, SGX-NSE IFSC Connect, the Bullion Exchange, aircraft leasing, GCC, and related services. Under his leadership, IFSCA strengthened India's financial regulatory framework at a global level.
Education and Professional Qualifications
Injeti Srinivas holds a B.A. (Hons) in Economics from Shri Ram College of Commerce, Delhi University. He subsequently obtained an MBA from Strathclyde Graduate Business School, UK. His career reflects a unique blend of policy leadership, regulatory innovation, and international engagement.
The position of Chairman at NSE had been vacant for two years. The exchange is currently in the process of preparing for its IPO. The appointment of the new Chairman will assist NSE in strengthening its operations and enhancing the confidence of global investors. The board stated that Srinivas's appointment will provide new direction in institutional reforms, governance enhancement, and policy innovation.
Welcome from the Board and Management
The NSE statement mentioned that the board and management have welcomed Srinivas as the Chairperson of the NSE Governing Board. His experience and global perspective will be instrumental in making the exchange's functioning more effective and transparent.
Srinivas is capable of leading complex organizations. His work experience has a profound impact on shaping regulatory frameworks and fostering global relationships. His expertise plays a significant role in institutional reform, operational system improvement, and systemic policy innovation.
