Chitra Ramkrishna (born 1963) is an Indian
businesswoman and the former
CEO
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...
of the
National Stock Exchange (NSE). In March 2022, she was arrested by the
Central Bureau of Investigation
The Central Bureau of Investigation (CBI) is the premier investigating agency of India. It operates under the jurisdiction of the Ministry of Personnel, Public Grievances and Pensions. Originally set up to investigate bribery and governmen ...
(CBI) for her involvement in the
co-location scam.
Career
In 1985, she started as a chartered accountant, at the project finance division of the
Industrial Development Bank of India
The IDBI Bank Limited (IDBI Bank or IDBI) is a development finance institution under the ownership of Life Insurance Corporation of India and Government of India. It was established in 1964 as Industrial Development Bank of India, a developmen ...
(IDBI). Ramkrishna then spend two years at the
Securities and Exchange Board of India
The Securities and Exchange Board of India (SEBI) is the regulatory body for securities and commodity market in India under the ownership of Ministry of Finance within the Government of India. It was established on 12 April 1988 as an executive ...
(SEBI), after which she returned to IDBI. In April 2013, she succeeded Ravi Narain and became the managing director and CEO of NSE.
Cases
Co-location case
In 2016, she was found guilty in a co-location case,
and was asked by SEBI to disgorge 25 percent of the salary drawn for FY 2013-14, to the IPEF. She was also, prohibited from associating with a listed company or a market Infrastructure Institution or any other market intermediary for a period of five years.
'Himalayan Yogi' case
In February 2022, the
Securities and Exchange Board of India
The Securities and Exchange Board of India (SEBI) is the regulatory body for securities and commodity market in India under the ownership of Ministry of Finance within the Government of India. It was established on 12 April 1988 as an executive ...
(SEBI) said that for the past 20 years, she had been allowing an unidentified 'Himalayan yogi' to advise her on important decisions. The case was investigated by the CBI. She leaked key business information pertaining to day to day operations.
She was arrested by the CBI on 7th March 2022.
See also
*
Chanda Kochhar
Chanda Kochhar ( Advani, born 17 November 1961) is the former managing director (MD) and chief executive officer (CEO) of ICICI Bank. Due to a case of conflict of interest, she resigned from her position in 2018. Subsequently, she was fired by I ...
References
{{DEFAULTSORT:Ramkrishna, Chitra
Indian chief executives
Living people
Indian women chief executives
Indian accountants
Indian women accountants
1963 births