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Informist, Friday, Jul. 31, 2026

 

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--Vikas Goel to take charge as MD, CEO of NCDEX from Saturday

MUMBAI – Vikas Goel will take charge as managing director and chief executive officer of National Commodity & Derivatives Exchange Ltd. from Aug. 1, the exchange said in a release Friday. Goel will replace Arun Raste, whose term was extended till Jul. 31 to ensure a smooth handover.

 

Before joining NCDEX, Goel was the managing director and chief executive officer of PNB Gilts Ltd. from February 2019 to December 2024. He was also the chairman of the Primary Dealers Association of India. During his tenure, PNB Gilts became the country's second-largest primary dealer in government securities.

 

Goel has over 30 years of experience in treasury, fixed income and financial markets. He has worked with First Abu Dhabi Bank, National Bank of Abu Dhabi, Credit Agricole Corporate and Investment Bank, and American Express Bank in senior roles, the release said.

 

Goel takes charge at a time when the exchange is planning to enter the equity and equity derivatives business, the exchange said. The exchange is also looking to expand its commodity derivatives products, grow its mutual fund transaction platform and introduce weather derivatives.  End

 

Reported by Khushi Singh

Edited by Saji George Titus

 

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