- SEBI has approved the name of Praveena Rai as Managing Director and Chief Executive Officer of Multi Commodity Exchange of India Limited (MCX).
- She was the COO of the National Payment Corporation of India (NPCI).
- She was responsible for formulating and deploying the marketing, business development, product management, and operations strategy.
- She has 20 years of extensive experience in various fields including payments, cards, retail, transaction, wholesale and commercial banking.
Multi Commodity Exchange of India Limited
- It is India’s largest commodity derivatives exchange.
- It was established in 2003 by the Government of India.
- It is currently based in Mumbai.