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Praveena Rai Appointed as Managing Director and Chief Executive Officer at MCX

Nov 02, 2024

Position

Managing Director

Company

Multi Commodity Exchange (MCX)

Praveena Rai
praveena.rai@mcxindia.com
MumbaiFinancial ServicesBlockchainCryptocurrency

Description

Praveena Rai, formerly the Chief Operating Officer at the National Payments Corporation of India (NPCI), has transitioned to a new role as the Managing Director and Chief Executive Officer of the Multi Commodity Exchange (MCX). Rai’s appointment, which received approval from the Securities and Exchange Board of India (SEBI) in August, marks a significant leadership change for MCX.

Quick answer

Praveena Rai Appointed as Managing Director and Chief Executive Officer at MCX (November 2, 2024). Multi Commodity Exchange (MCX) is based in Mumbai, Maharashtra, India.

Who is the new Managing Director at Multi Commodity Exchange (MCX)?
Multi Commodity Exchange (MCX) named Praveena Rai Managing Director, announced November 2, 2024.
What did Multi Commodity Exchange (MCX) announce on November 2, 2024?
Praveena Rai, formerly the Chief Operating Officer at the National Payments Corporation of India (NPCI), has transitioned to a new role as the Managing Director and Chief Executive Officer of the Multi Commodity Exchange (MCX). Rai’s appointment, which received approval from the Securities and Exchange Board of India (SEBI) in August, marks a significant leadership change for MCX.
What does Multi Commodity Exchange (MCX) do?
Multi Commodity Exchange of India Limited is India’s first listed, national-level, electronic, commodity derivatives exchange.
Where is Multi Commodity Exchange (MCX) based?
Multi Commodity Exchange (MCX) is based in Mumbai, Maharashtra, India.
Which similar companies made leadership changes around the same time?
CoinShares (October 31, 2024), GSR (October 27, 2024), Safello (October 15, 2024) and Metalpha (November 28, 2024) also announced leadership changes within 45 days of Multi Commodity Exchange (MCX).

Source: Fundz verified event record.

Other recent leadership changes in Financial Services and Blockchain

Executive moves at companies in the same sectors within 45 days, from Fundz verified event records.

Who to call at Multi Commodity Exchange (MCX), and when

A new leader at Multi Commodity Exchange (MCX) brings new priorities and often new vendors. The first weeks are when they listen.

  • An alert the day Multi Commodity Exchange (MCX) raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Multi Commodity Exchange (MCX), from your own LinkedIn network

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Company Information

Company

Multi Commodity Exchange (MCX)

Location

Mumbai, Maharashtra, India

About

Multi Commodity Exchange of India Limited is India’s first listed, national-level, electronic, commodity derivatives exchange. It is also the first exchange to introduce commodity options in India. MCX offers the benefits of fair price discovery and price risk management to the Indian commodity market ecosystem. Various commodities across segments are traded on the Exchange platform. These include bullion, energy, metals and agri commodities.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.