India Inx-India International Exchange IFSC Ltd, GIFT City, SEZ

> Management Team

Management Team

Mr. Mayank Jain
Manager and Chief Financial Officer

Shri Jay Soni
Chief Regulatory Officer and Company Secretary

Mr. V. Balasubramaniam (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 January, 2017 and a subsidiary of BSE (Asia's first stock exchange). He also holds board position in the following organizations -
- BSE Institute Limited
- India International Clearing Corporation (IFSC) Limited.
- India INX Global Access IFSC Limited
- India International Bullion Holding IFSC limited
- India International Bullion Exchange IFSC Limited
- India International Depository IFSC Limited
In addition to the above, he is also a member of following committees of IFSCA:
- Committee of Experts on Sustainable Finance
- Committee of Experts on Investment Funds
- Committee of Experts on positioning IFSC as a hub for offshore trading in INR
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 31 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 BSE Technologies Private 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.

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