MUMBAI, 25 April 2021: Securities and Exchange Board of India (SEBI) has approved the appointment of Arun Raste as the new MD & CEO of India’s leading agri commodity exchange National Commodity and Derivatives Exchange Ltd (NCDEX) for a period of 5 years.

Raste is currently associated with the National Dairy Development Board (NDDB) as an Executive Director.

Prior to NDDB, he has worked with organisations like IDFC First Bank, Kotak Mahindra Bank, NABARD, ACC Cement, and a non-profit NGO IRFT. He serves as a Director on the Board of Indian Immunological Limited and Mother Dairy Fruit & Vegetable Private Limited. 

He is B.A. & M.A. with Economics, and also holds Post Graduate Diploma Marketing Management and Post Graduate Diploma in Communication and Journalism. 

Raste will join NCDEX in due course of time.