Mr.T. S. Krishna
Murthy appointed as the Chairman of CDSL
The
Board of Directors of Central Depository Services (India) Limited (CDSL), are pleased
to announce that the Securities & Exchange Board of India (SEBI) has
approved the appointment of Mr.T.S.Krishna Murthy as Chairman of CDSL.
The
Board had earlier appointed Mr.Krishna Murthy as the Chairman of CDSL with
effect from April 8, 2016. Mr.Krishna Murthy will succeed Mr. N.Rangachary, who
chaired the board of CDSL since 2010.
Mr.T.S.Krishna
Murthy is a former Indian Revenue
Service Officer and was the Chief Election
Commissioner (C.E.C) of India (February 2004
- May 2005). Mr. Krishna Murthy started his career as a probationary
officer at the Bank of India (1961-1963)
and later as an Indian Revenue
Service officer in 1963. He served the Government at various
levels including as Secretary, Department of Company Affairs. As Secretary,
Department of Company Affairs, he is credited with setting up of Investor
Education and Protection Fund set up from unclaimed dividends of companies.
 |
| Mr.T. S. Krishna Murthy, Chairman, CDSL |
Having served number of ministries in New Delhi including Shipping and Finance, he was
deputed to the Hindustan
Shipyard Limited in Visakhapatnam. One of the
key jobs he has handled was that of Chief Commissioner of Income Tax in Mumbai.
He has also served as an IMF advisor in Ethiopia and Georgia. In 2005,
Mr.Krishna Murthy was appointed by the Supreme Court of India to conduct the
elections 2005 to the Board of Control for Cricket in India (B.C.C.I) in order
to ensure free and fair polls amidst the different factions within the BCCI.
“Having
watched CDSL’s impressive growth over the years, I look forward to continue to
strengthen CDSL’s core business and build value for the shareholders. We will
endeavor to enter into new segments to expand the business of CDSL and grow
with distinction,” stated Mr. Krishna Murthy, on his appointment.
About CDSL:
CDSL, a leading securities depository, is promoted by BSE
Ltd. and by leading private and public sector banks. CDSL’s enduring focus on
delivering quality services and innovative products has propelled it on a
high-growth path in recent years. Since the financial services industry has
become increasingly IT-reliant, cutting-edge technology is at the heart of
CDSL’s strategic vision.
Above all, it is the ethos built by CDSL’s management
- of user responsiveness and ability to speedily address new developments.
Presently, CDSL’s services are delivered by 583 Depository Participants to more
than 1.09 crore depository accountholders from over 16,000 locations across
India. For more information on CDSL, visit www.cdslindia.com
Contact:
Sunil Alvares, SVP-Business Development
Central Depository Services (India) Limited (CDSL)
+91 22 66341857
+91 98202 98290
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