Padmaja Chunduru has been appointed managing director and chief executive officer (MD & CEO) of National Securities Depositories (NSDL). Her appointment has been ratified by the shareholders of NSDL at its meeting held on September 29, the company said in a release.
She has replaced GV Nageswara Rao as the MD & CEO of NSDL.
In India, there are two depositories namely National Securities Depositories Ltd (NSDL) and Central Securities Depositories Ltd (CDSL). Both the depositories hold our financial securities.