Chitra Ramkrishna quit as Managing Director and CEO of the National Stock Exchange with immediate effect presumably over differences with some board members, after having served the premier bourse for over two decades since its inception.

• Senior executive J Ravichandran has been given the interim charge till the NSE board, headed by former Finance Secretary Ashok Chawla, finds a full-time replacement for Ramkrishna, who rose through the ranks to head the exchange and was part of the team that set up NSE in 1992.

• chitra’s  tenure was scheduled to end in March 2018. She took charge as Managing Director and CEO in April 2013 when she succeeded Ravi Narain, who was also part of the first leadership team of the exchange.

National Stock Exchange of India

The National Stock Exchange of India Limited (NSE) is the leading stock exchange of India, located in Mumbai.

NSE was established in 1992 as the first demutualized electronic exchange in the country. NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system which offered easy trading facility to the investors spread across the length and breadth of the country.