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The race for the top post at NCDEX, a leading agri-commodity trading bourse, is hotting up after its current MD Samir Shah said he may not continue in the role.
Unupom Kausik, Deputy Chief Executive Officer, National Collateral Management Services; Sanjit Prasad, MD and CEO, ICEX, and Vijay Kumar, former Business Development officer at NCDEX, have emerged as the frontrunners for the job.
Interviews for the post were conducted on October 16 by a panel headed by Vinod Rai, an Independent External Expert. Around seven or eight people were interviewed for the job.
Prasad, however, said he did not appear for any interview and is busy promoting ICEX. Kausik said he did not want to comment, while Kumar did not take phone calls or respond to text messages.
Both Kausik and Kumar have worked with NCDEX earlier as chief business officers. Kumar is currently with the National Bulk Handling Corporation.
In a recent letter addressed to NCDEX staff, Shah said he was moving on for personal reasons and would not re-apply for the post. His tenure, which was extended by a year, ended in August after he had served with the exchange for around four years.
NCDEX came under the regulatory scanner in 2016 due to manipulation in castorseed trading. The exchange lost to MCX in the race to bring in more trading volumes.
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