Multi Commodity Exchange of India Limited announced that Mr. Shashank Sathe, Chief Technology Officer of Multi Commodity Exchange of India Limited ("MCX") has tendered his resignation from the post of Chief Technology Officer of the Company on account of personal reasons and for better prospects. In the interim, Dr. N. Rajendran, Chief Digital Officer of the Company has been advised to look after the portfolio of the CTO. Dr. N. Rajendran has been with the Company since November 2021.

Prior to joining MCX, he worked as a CEO & Director of Indian Financial Technology & Allied Services (RBI Subsidiary) and as a CTO of National Payments Corporation of India.