Key Appointment Details
Mr. Praveen DG, the existing Chief Risk Officer (CRiO), has been re-designated as the Chief Compliance Officer of MCX. This appointment is effective from August 06, 2026.
Roles and Responsibilities
As Chief Compliance Officer, Mr. Praveen DG will be responsible for monitoring compliance with the Securities Contracts (Regulation) Act (SCRA), the SEBI Act, 1992, and all associated rules, regulations, and directions. His portfolio will also include Investor Services, Grievance Redressal, and Investor Protection.
He shall continue to be designated as a Key Managerial Personnel under the Securities Contracts (Regulations) (Stock Exchanges & Clearing Corporations) Regulations, 2018.
Interim Charge
Mr. Praveen DG will hold the interim charge of the Chief Risk Officer (CRiO) portfolio until a new incumbent is appointed for that role.
Professional Profile of Appointee
Praveen DG is a seasoned financial markets professional with over 25 years of experience. His areas of expertise include enterprise risk management, financial market infrastructure, regulatory governance, operational resilience, information security, and market development.
At MCX, he has previously led enterprise-wide risk management, regulatory affairs, governance, investor relations, and strategic initiatives. His career includes close work with regulators, governing boards, and international exchanges on market reforms, product innovation, policy advocacy, and initiatives to strengthen market integrity and resilience.
Prior to his roles at MCX, he held senior leadership positions at MCX Stock Exchange and ICFAI, contributing to derivatives research, product development, policy research, and financial market education. He holds an MBA, an MA in Economics, and is a Chartered Financial Analyst.
Availability of Information
The intimation will be made available on the company's website.