Leading commodity exchange MCX on Friday( 1 November) said Praveena Rai has assumed office as its Chief Executive Officer and Managing Director for a five-year term.

• Rai took charge on October 31, the exchange said in a statement.
• She succeeds P S Reddy, who completed his five-year tenure in May 2024.
• Prior to joining MCX, Rai served as the CEO at National Payments Corporation of India (NPCI), where she spearheaded marketing, business development, product management, and operations strategy.