Key Personnel

Mr. V.B.Haribhakti - Chairman - Independent Director

Mr. V.B.Haribhakti (F.C.A) has experience and expertise spanning more than six decades in accountancy, finance and financial services. At present he is the Chairman & Senior Partner of the renowned practicing firm M/s. Haribhakti & Co., Chartered Accountants. He provides overall supervision and guidance to partners in the firm.


Mr. S.T. Gerela - Independent Director

Mr. S.T. Gerela (M.A., L.L.B., C.A.I.I.B.) has experience and expertise spanning more than three decades in finance and financial services. He has worked as Director – Business Development, CEO – Clearing & Settlement, and General Manger – Surveillance and Inspection with Bombay Stock Exchange (BSE). At present, he is the CEO of Satco Securities Limited which has secured membership of prominent stock exchanges such as: NSE Ltd., BSE Ltd., and MCX Ltd. He oversees vital operations including membership services and business development functions, clearing functions, and risk management.

Mr. Gerela has been credited with creating and documenting a process-oriented approach to the Surveillance and Inspection Department of the Bombay Stock Exchange (BSE).


Mr. K. Ramasubramanian - Independent Director

Mr. K. Ramasubramanian (M.Sc., PGDBA) is a renowned consultant who specializes in foreign exchange, and is a respected visiting faculty in various reputed institutions. He was General Manager of the Foreign Exchange Department in the Reserve Bank of India, and was instrumental in implementing FEMA throughout the country.


Mr. M. L. Soneji - Independent Director

M. L. Soneji is accomplished professional, contributing both at policy and implementation levels for over two decades as part of many committees earlier appointed by MOF, GOI and then by SEBI. At Ahmadabad Stock Exchange, he was Executive Director (CEO) from October 87 - June 97, when online trading started and was ex-officio board member. He held various senior positions at National Stock Exchange from July 97 - March 07, including CEO of Clearing Corp (100% subsidiary of NSE). He was COO, Bombay Stock Exchange from July 08 to October 09. From August 08 - May 09 he was Officiating MD and CEO and thus on Board of BSE for 9 months as also on Board of ICCL and KSE. He was Registrar at NISM (established by SEBI), from December 09 - July 12. From October 2011, he was also Officiating Director, NISM thus on Board of Trustees for 9 months.


Dr. Manoj Vaish - Additional Director (Independent)

Dr.Vaish has 30 years of experience in the field of finance & capital markets. Dr. Vaish is an Independent Director on the Board of GHCL Limited. He was Executive Director & CEO of Bombay Stock Exchange Ltd, President & CEO of Dun & Bradstreet India Pvt Ltd, Managing Director & CEO of NSDL Database Management Ltd. and Managing Director & CEO of MCX and was part of various Committees such as Committee on Delisting of Securities of SEBI, Committee on Corporate Governance of SEBI (Narayan Murthy Committee), Risk Management Committee of SEBI, Primary Market Advisory Committee of SEBI, etc.


CA. Uttam Prakash Agarwal - Additional Director (Independent)

Mr. Agarwal is a Senior Partner of UttamAbuwala & Co and he was also the Past President of “The Institute of Chartered Accountants of India associated”. He has over 35 years of experience in the field of finance. He is an Independent Director on the Board of Yes Bank Limited, Bhagalpur Smart City Limited and Intensive Fiscal Services Private Limited. In the past, he was also associated with ICAI Accounting Research Foundation, Bigwin Infotech Pvt Ltd, Globe International Carriers Ltd, Uttamprakash Agarwal ShikshaPariwar and Reliance Capital Trustee Co Ltd.


Dr. Barendra Kumar Bhoi - Additional Director (Independent)

Dr. Bhoi is an Independent Director on the Board of Patel Engineering Limited and is also a visiting fellow at the Indira Gandhi Institute of Development Research. Earlier, Dr. Bhoi served RBI as Principal Adviser and Head of the Monetary Policy Department before his superannuation. He was also an Economic Policy Expert at the Central Bank of Oman, Muscat and Chief General Manager, Research Department, Securities and Exchange Board of India (SEBI).