Chitra Ramkrishna
{{short description|Indian businesswoman and a scamster}}
{{BLP sources|date=June 2019}}
{{EngvarB|date=September 2014}}
{{Use dmy dates|date=May 2025}}
{{Infobox officeholder
| name = Chitra Ramkrishna
| office = MD & CEO of the National Stock Exchange of India
| term_start = {{Start date|2013|04|01|df=yes}}
| term_end = {{End date|2016|12|02|df=yes}}
| predecessor = Ravi Narain
| successor = Vikram Limaye
| image =
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| birth_name =
| birth_date = {{Birth-date and age|1963|}}
| birth_place =
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| nationality = Indian
| other_names =
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| alma_mater = Institute of Chartered Accountants of India
}}
Chitra Ramkrishna (born 1963) is an Indian businesswoman and the former chief executive officer of National Stock Exchange (NSE). In March 2022, she was arrested by the Central Bureau of Investigation (CBI) for her involvement in the co-location scam.{{Cite web |title=Former NSE Chief Chitra Ramkrishna Arrested by CBI in NSE Co-location Scam |url=https://www.moneylife.in/article/former-nse-chief-chitra-ramkrishna-arrested-by-cbi-in-nse-co-location-scam/66568.html |access-date=2022-05-08 |website=Moneylife NEWS & VIEWS |language=en}}
Career
In 1985, she started as a chartered accountant, at the project finance division of the Industrial Development Bank of India (IDBI). Ramkrishna then spend two years at the Securities and Exchange Board of India (SEBI), after which she returned to IDBI. In April 2013, she succeeded Ravi Narain and became the managing director and CEO of NSE.{{cite web |author=Special Correspondent |date=26 November 2012 |title=Business / Companies : Chitra Ramkrishna to be new CEO, MD of NSE |url=http://www.thehindu.com/business/companies/chitra-ramakrishna-to-be-new-ceo-md-of-nse/article4137089.ece |accessdate=15 February 2013 |work=The Hindu}}
Cases
= Co-location case =
In 2016, she was found guilty in a co-location case,{{Cite web |title=Chitra Ramkrishna, the NSE CEO who let a faceless conman 'yogi' make all key decisions |date=12 February 2022 |url=https://www.thehindubusinessline.com/markets/stock-markets/inside-the-mind-of-chitra-ramkrishna-she-took-guidance-from-an-unknown-himalayan-yogi-to-run-nse/article65037214.ece}} and was asked by SEBI to disgorge 25 percent of the salary drawn for FY 2013–14, to the IPEF. She was also, prohibited from associating with a listed company or a market Infrastructure Institution or any other market intermediary for a period of five years.{{cite web|title=Co-location case: SEBI bars NSE from securities market for 6 months; directs exchange to 'disgorge' Rs 625 cr|url=https://www.moneycontrol.com/news/business/co-location-case-sebi-bars-nse-from-securities-market-for-6-months-directs-exchange-to-disgorge-rs-625-cr-3916691.html|website=moneycontrol.com|date=2019-05-01|access-date=2019-05-01}}
= 'Himalayan Yogi' case =
In February 2022, the Securities and Exchange Board of India (SEBI) said that for the past 20 years, she had been allowing an unidentified 'Himalayan yogi' to advise her on important decisions.{{cite news |last=Roy |first=Abhirup |date=13 February 2022 |title=Himalaya yogi ran India's top bourse as puppet master, regulator says |url=https://www.reuters.com/world/india/himalaya-yogi-ran-indias-top-bourse-puppet-master-regulator-says-2022-02-13/ |agency=Reuters|location=Mumbai |access-date=14 February 2022}} The case was investigated by the CBI. She leaked key business information pertaining to day-to-day operations.{{Cite web|url=https://www.onmanorama.com/news/business/2022/02/12/nse-chitra-ramakrishna-spiritual-force.html|title = Tainted NSE chief Chitra Ramkrishna claims a 'spiritual force' guided her for 20 years}} She was arrested by the CBI on 7 March 2022.
See also
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References
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Category:Indian chief executives
Category:Indian women chief executives