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Saturday 23 January 2016

The management of NSEL

NSEL had a Board of Directors consisting of six non-executive directors drawn from different experiences in the agriculture economy and ecosystem. The day to day functioning of the management of the exchange was carried out by the one & only Executive Director i.e. the Managing Director and Chief Executive Officer under the Rules, Regulations and Bye-Laws of the Exchange.

ALL DECISIONS WERE TAKEN BY THE MD & CEO

All financial decisions related to the Exchange were made by him

All the operational & risk management matters for clearing, settlement and deliveries were framed by him

All the contracts were issued through Circular by him

All the Members were inducted by him

All the employee appointments were by him

All the Departmental Heads reported to him

Was supposed to implement the Rules and bye-laws of the Exchange

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