Current Affairs - Awards and Honours - Discussion

Praveena Rai has been approved by SEBI as the new Managing Director and CEO of the Multi Commodity Exchange (MCX). With over 20 years of experience in payments and banking, Rai previously served as the Chief Operating Officer of the National Payments Corporation of India (NPCI). Her extensive background in transaction banking, retail banking, and commercial banking makes her a strong candidate for leading MCX. Her appointment follows the departure of the former CEO, PS Reddy, who concluded his term in May 2024.