IDFC's Vikram Limaye likely to be appointed NSE chief

IDFC's Vikram Limaye likely to be appointed NSE chief  Vikram Limaye, Managing Director of leading (प्रमुख) finance company IDFC, is likely to be appointed as Managing Director of the National Stock Exchange, sources have told CNBC-TV18. CNBC-TV18's Shereen Bhan reports that the selection board which comprises(शामिल)  top industry names such as Anand Mahindra and Mohandas

Pai, zeroed in on Limaye as they feel he understands the business of NSE and is also familiar with its workings, given that IDFC was one the earliest listed companies on the exchange, Sources said the selection panel wanted someone who could hit the ground running, especially considering the fact that the NSE is gearing up for an initial public offering, and felt (महसूस किया) that Limaye had the right credentials on the back of an illustrious(शानदार) career. While an official announcement is expected early next week, the appointment is likely to be finalised later on Friday. The post of Managing Director at NSE has been vacant since Chitra Ramakrishna quit on December 2 citing personal reasons. Three days later, the NSE set up a four-member committee to look for the next MD of the bourse. Earlier this week, the Supreme Court had appointed Limaye as a member of a four-member panel that will look after the day-to-day functioning of the Board of Control for Cricket in India.