Sameer Shah, 45, has taken over from today as managing director (In charge) of country’s number two commodity futures exchange, the National Commodities & Derivatives Exchange (NCDEX).
Sameer had joined the exchange a few months back as a deputy CEO. Since the resignation of R. Ramaseshan, MD & CEO has been accepted by the board, sameer has taken over. NCDEX is leading exchange for agri commodities.
Shah was with Dubal based gold exchange, DGCX prior to joining NCDEX. He had also worked with UCX latest entrant in commodity futures space and resumed operations early April for two weeks in 2011. However after joining the exchange he had resigned in just two weeks and went back to Singapore. He had spent 17 years at Reuters, Singapore.
