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1. Who has been appointed as the Chief Executive Officer (CEO) and Managing Director (MD) of the Multi Commodity Exchange of India (MCX) for a five-year term?
Praveena Rai has taken office as CEO and MD of MCX, bringing over 20 years of experience in banking, payments, and transaction management. Her expertise will guide India's largest commodity derivatives exchange through its next growth phase. Rai previously served as Chief Operating Officer at NPCI and Regional Head of Payments for Asia Pacific at HSBC. Her appointment marks a new chapter for MCX, leveraging her skills in digital payments, strategic management, and transaction processing. Rai's leadership aims to expand MCX's market presence, enhance operational efficiency, and introduce customer-centric initiatives.