MUMBAI: Rajnikant Patel has joined Reliance Money as president (exchange business). The announcement was made by Sudip Bandyopadhyay, director and CEO, Reliance Money, today.
Bandyopadhyay said: "We are very pleased with the induction of Mr. Patel in Reliance Money. We are sure that with his extensive experience of over 28 years in the financial market arena, Mr. Patel will play a critical role in our foray into the exchange space covering commodities and currencies. We are looking at both domestic and international opportunities."
Prior to joining Reliance Money, Patel was the managing director & CEO, Bombay Stock Exchange, where he was responsible for the corporatisation and demutualisation of BSE making it a billion dollar institution.
Patel said: "I am very happy to be associated with Reliance Money, particularly for the vision, the scale and the speed of implementation. I believe there is a huge scope for an innovative, professional and committed approach in commodities, currency futures and related exchange space. I am very excited at the future possibility of value creation for all stakeholders in the financial system."
Reliance Money, a part of the Reliance Anil Dhirubhai Ambani Group, is a comprehensive financial services firm providing customers with access to equity, equity and commodity derivatives, portfolio management services, wealth management Services, mutual funds, IPOs and life and general insurance.
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