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Arun Raste to take charge as MD & CEO of NCDEX

Securities and Exchange Board of India (SEBI) has approved the appointment of Mr. Arun Raste as the new MD & CEO of India’s agri commodity exchange National Commodity and Derivatives Exchange Ltd (NCDEX) for a period of 5 years.

Mr. Raste is currently associated with the National Dairy Development Board (NDDB) as an Executive Director. Prior to NDDB, he has worked with organisations like IDFC First Bank, Kotak Mahindra Bank, NABARD, ACC Cement, and a non-profit NGO IRFT. He serves as a Director on the Board of Indian Immunological Limited and Mother Dairy Fruit & Vegetable Private Limited.

He is B.A. & M.A. with Economics, and also holds Post Graduate Diploma Marketing Management and Post Graduate Diploma in Communication and Journalism. Mr. Raste will join NCDEX in due course of time.

NCDEX is an agricultural commodity exchange in India which offers services across the entire post-harvest agricultural commodities value chain. As an online Exchange, NCDEX offers a wide range of benchmark products across agriculture commodities.

By Arya

Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of  economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.

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