Chitra Ramakrishna will be the Managing Director and CEO of National Stock Exchange from 1st April 2013, while its current chief Ravi Narain will assume the role of Vice-Chairman in a non-executive role. At a meeting held in Mumbai on Monday, the board of the National Stock Exchange decided that Ramkrishna, currently Joint MD of the bourse, will take charge as MD and CEO with effect from 1st April 2013 for a period of five years.

Mr. Ravi Narain's current tenure as MD and CEO will end on March 31, 2013. He was the Deputy MD of the NSE for the first six years from the exchanges inception and the MD and CEO for over 12 years.