NSE picks IDFC's Vikram Limaye as new CEO

Formal appointment pending as formalities pending at Limaye's end

The country's largest bourse National Stock Exchange of India (NSE) has picked IDFC’s Vikram Limaye as its chief executive officer and managing director. The decision was taken at NSE’s board meeting held on Friday.

The exchange, however, has not yet made a formal announcement on the selection as formalities need to be completed at Limaye’s end. Limaye is currently the MD and CEO of infrastructure finance firm IDFC. On January 30, Limaye was also named to a four-member panel set up by the Supreme Court to run the Board of Control for Cricket in India (BCCI), the apex body for the