Jignesh Shah

From MarketsWiki

Jignesh Shah
Occupation	CEO, Managing Director
Employer	MCX and FTIL
Location	India

Jignesh Shah is the founder and CEO of the Multi Commodity Exchange of India (MCX), and co-founder, chairman and managing director of Financial Technologies (India) Ltd (FTIL), the software firm which launched the commodities platform in November 2003.^[1][2]MCX is India’s largest commodities exchange and has a 70% share of commodities traded in the country.^[3]

He is also vice chairman of the Dubai Gold & Commodities Exchange, which he helped to set up.

Forbes Magazine listed him as the 38th richest person in India in 2006.

Background

Shah left the BSE in 1995, at a young age, to start FTIL alongside Dewang Nerella, another BSE alumni. He used his lifetime savings to set up FTIL, which is now one of India's leading providers of financial technology. (It is listed on the BSE and the National Stock Exchange of India).^[4]

Shah was named a Global Young Leader by the World Economic Forum in 2007.

Education

Shah, who graduated with a BE in engineering from Bombay University, started his career at the Bombay Stock Exchange in 1990, rising to head its automation function and working on its BSE Online Trading Project.

In the Media

• Interview with Jignesh Shah, MD, Multi Commodity Exchange

References

1. ↑ Agents of Change. The IndusView. Retrieved on November 13, 2007.
2. ↑ Exchange For Good. Forbes. Retrieved on November 13, 2007.
3. ↑ MCX’s Jignesh Shah under Sebi scanner?. Livemint.com. Retrieved on August 8, 2008.
4. ↑ Jignesh Shah on how he built MCX. Rediff. Retrieved on August 8, 2008.