INDIA INX

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Management Team

  • Mr. V. Bala is the founding Managing Director and Chief Executive Officer of India International Exchange IFSC Ltd. (India INX) the first International Exchange from India in GIFT City International Financial Services Centre Special Economic Zone which started its operations from JAN, 2017 and a wholly owned subsidiary of BSE (Asia's first stock exchange). He also holds board position in the following organisations -
    • BSE Institute Limited – Education business,
    • BSE Sammaan - CSR Exchange and
    • India International Clearing Corporation IFSC Limited.
  • Prior to this, he was the Chief Business Officer of BSE heading the business development encompassing all business segments viz. Equities, Equity Derivatives, Debt, Interest Rate Futures, Currency Derivatives, Mutual Fund Distribution platform and SME platform. In addition to the markets business, he was also responsible for the listings and data business of BSE and managing the entire trading operations and membership operations.
  • He has over 25 years of experience in the Capital Markets industry and has previously worked with Reliance Group as Vice President and was also as co-founder of Marketplace Technologies Limited which was acquired by BSE.
  • He was also part of the core team involved in setting up the National Stock Exchange of India. He was instrumental in creating the Capital Market segment, Nifty Index creation, setup of NSCCL as the first clearing corporation in India, NCFM certification creation and the Futures and Options segment inter-alia.
  • He has served in the board of Central Depository Services (India) Limited, Futures Industry Association – Asia, Co-Chair of FICCI Capital Market Committee etc.
  • He has Masters in Commerce from the University of Mumbai, Rank holder from the Institute of Cost Accountants of India, Diploma from Institute of Chartered Financial Analysts of India and is a Certified Information Systems Auditor.
  • Mr. Soundararajan heads regulatory functions of the exchange including membership compliance, surveillance regulatory communication.
  • He has more than 22 years of experience in the area of compliance, business development and operations of Stock Exchanges
  • He has previously worked in BSE and NSE for 18 years in various departments.
  • He has also worked as Senior Business Analyst with Syntel Ltd
  • He has completed his Master of Commerce from Bharathidasan University.
  • Mr. Arunkumar Ganesan heads Business Operations of the exchange including Trading Operations and Trading Development.
  • He has more than 20 years of experience in the area of Trading Operations, Clearing & Settlement, custody operations and Internal Controls
  • He has previously worked in NSE, DGCX, HSBC, BFX and L&T in various roles.
  • He is a qualified Chartered Accountant and Cost Accountant
  • Ms. Krishna Gangopadhyay heads strategy and international relations for the International Exchange
  • She has more than 16 years of experience across financial services, telecommunications in the area of strategy and implementation, risk management, business transformation
  • Prior to this, she has worked at CRISIL Risk Solutions, A.T. Kearney, HSBC and GE Capital International Services in various roles
  • She is an MBA from Indian Institute of Management, Calcutta and is a Rank holder from Jawaharlal Nehru University in M.A. Economics
  • Mr. Nitesh Jaiswal heads Business Development for India International Exchange
  • He has more than 14 years of experience including 3 years working in Dubai. He had traded Commodities and Currencies in major International exchanges including CME, LME, DGCX, SGX, SHFE and BFX
  • He has a vast experience in the area of Business Development, Algorithmic Trading and setting up Proprietary trading desk
  • He is an MBA with dual specialization in Marketing and Finance from Kirloskar Institute of Advanced Management Studies (KIAMS)