NCDEX e-Markets, an integrated e-market platform, has appointed Mrugank Paranjape as the new MD & CEO on Thursday. Paranjape is the former MD and CEO of MCX. NeML is the wholly-owned subsidiary of NCDEX.

He has over 25-years of experience is a consummate capital markets and finance professional. He joins NeML from Alpha Alternatives, a boutique alternative asset manager, where he was a Senior Partner.

In addition, Paranjape is a Non-Executive Director on the Central Board of State Bank of India and the Chairman of the Risk Management Committee of the Board of the Bank. .