The governance of NCDEX vests with the Board of Directors. The Board comprises persons of eminence, each an authority in his own right, in the areas very relevant to the Exchange. 

The shareholders of the Exchange - National Stock Exchange of India Limited, Life Insurance Corporation of India, National Bank for Agriculture and Rural Development, IFFCO, CRISIL Limited, Punjab National Bank, Canara Bank, Goldman Sachs, InterContinental Exchange and Shree Renuka Sugars Limited, in tune with the highest norms of corporate governance, have decided that they will not be taking part in the day-to-day activities of the Exchange. The shareholders holding stake of 10% or more have their representatives on the Board of the Exchange.

Our Board of Directors comprises 8 Directors who are well known, highly experienced and are independent. The Managing Director is the only whole-time Director.

Mr. B. V. Bhargava is the non-executive Chairman of the Board.

Mr. R. Ramaseshan is the Managing Director and Chief Executive Officer.


The Board comprises of the following Directors :

1. Mr. B. V. Bhargava, Director, CRISIL Limited  
   
   
2. Mr. O. P. Gahrotra, Former Executive Director, Securities and Exchange Board of India
   
   
3. Mr. Rakesh Kapur, Joint Managing Director, Indian Farmers Fertiliser Cooperative Limited
   
   
4. Mr. Ravi Narain, Managing Director, National Stock Exchange of India Limited
   
   
5. Ms. Roopa Kudva, Managing Director and CEO, CRISIL Limited
   
   
6. Mr. Sanjay Chadha, Deputy Director, Forward Markets Commission
   
   
7. Mr. Umesh Chandra Sarangi,IAS, Chairman, National Bank for Agriculture and Rural Development
   
   
8. Mr. V. K. Aggarwal, Senior Advisor, Maharashtra Airport Development Company Limited
   
   
9. Mr. V. K. Kukreja, Executive Director -Risk Management Research, Life Insurance Corporation of India
   
   
10. Mr. R. Ramaseshan, Managing Director and Chief Executive Officer, National Commodity & Derivatives Exchange Limited