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Management

About Us » Management

management
Board of Directors
  • Mr. Bal Krishna Upadhyaya
  • Mr. Kamlesh Kumar Rateria
  • Ms. Himali Chand Rana
  • Mr. Madhav Prasad Koirala

Management of Exchange:

Mercantile Exchange Nepal Ltd (MEX) was incorporated as a Public Limited Company organized under Laws of Nepal in August 2007 with an authorized share capital of 100 Million NPR (equivalent to 1.4 Million USD). MEX is governed by Board of Directors (BOD), comprising 7 members with 1 independent director as full time directors. M/s N.K Joshi and Co, a leading auditing firm is the statutory auditors and M/s B & B Associates, another market leader in audits acts as fulltime concurrent auditors. The BOD comprises of professionals in the field of finance and industry who are also dominant promoters & shareholders of the company. The Managing Director works as a full time Director representing the Board in the day-to-day activities, while CEO of the Exchange is dedicated in running the daily business, reporting to the Board of Directors. The MD and the CEO have more than a decade's experience in the financial and futures market. Professionals are our backbone, Transparency is our day-to-day practice. Technology is our stem. Commercialization of market to benefit the farmers' is our goal. Management of risk is our motto.

Chief Executive Officer:
  • Mr. Jitesh Surendran

Various functions of the exchange are governed by specialized committees working within the exchange. These committees are comprised with senior staff members of the exchange and they manage various day-to-day functions of the exchange, in tandem with concerned departments, as their name indicates.

Committees:
  • Member Services Committee
  • Surveillance Committee
  • Trading, Clearing and Settlement Committee
  • Disciplinary Committee
  • Media Committee
Departments:
  • Member Service Department (MSD)
  • Research and Development Department
  • Compliance Department
  • Accounts Department
  • Clearing and Settlement Department