Key Personnel

Mr. V.B.Haribhakti - Chairman - Independent Director

Mr. V.B.Haribhakti (F.C.A) has experience and expertise spanning more than six decades in accountancy, finance and financial services. At present he is the Chairman & Senior Partner of the renowned practicing firm M/s. Haribhakti & Co., Chartered Accountants. He provides overall supervision and guidance to partners in the firm.


Mr. S.T. Gerela - Independent Director

Mr. S.T. Gerela (M.A., L.L.B., C.A.I.I.B.) has experience and expertise spanning more than three decades in finance and financial services. He has worked as Director – Business Development, CEO – Clearing & Settlement, and General Manger – Surveillance and Inspection with Bombay Stock Exchange (BSE). At present, he is the CEO of Satco Securities Limited which has secured membership of prominent stock exchanges such as: NSE Ltd., BSE Ltd., and MCX Ltd. He oversees vital operations including membership services and business development functions, clearing functions, and risk management.

Mr. Gerela has been credited with creating and documenting a process-oriented approach to the Surveillance and Inspection Department of the Bombay Stock Exchange (BSE).


Mr. K. Ramasubramanian - Independent Director

Mr. K. Ramasubramanian (M.Sc., PGDBA) is a renowned consultant who specializes in foreign exchange, and is a respected visiting faculty in various reputed institutions. He was General Manager of the Foreign Exchange Department in the Reserve Bank of India, and was instrumental in implementing FEMA throughout the country.


Mr. M. L. Soneji - Independent Director

M. L. Soneji is accomplished professional, contributing both at policy and implementation levels for over two decades as part of many committees earlier appointed by MOF, GOI and then by SEBI. At Ahmadabad Stock Exchange, he was Executive Director (CEO) from October 87 - June 97, when online trading started and was ex-officio board member. He held various senior positions at National Stock Exchange from July 97 - March 07, including CEO of Clearing Corp (100% subsidiary of NSE). He was COO, Bombay Stock Exchange from July 08 to October 09. From August 08 - May 09 he was Officiating MD and CEO and thus on Board of BSE for 9 months as also on Board of ICCL and KSE. He was Registrar at NISM (established by SEBI), from December 09 - July 12. From October 2011, he was also Officiating Director, NISM thus on Board of Trustees for 9 months.