♦ Praveena Rai has assumed office as Chief Executive Officer (CEO) and Managing Director (MD) of Multi Commodity Exchange of India (MCX) for a five-year term.
♦ She succeeds P S Reddy, who completed his five-year tenure in May 2024. MCX is India's largest commodity derivatives exchange.
♦ Prior to joining MCX, Rai served as the CEO at National Payments Corporation of India (NPCI), where she spearheaded marketing, business development, product management, and operations strategy.