Shri Nehal Vora is the Managing Director & Chief Executive Officer of CDSL since September 24, 2019.
CSDL under his leadership as the MD & CEO, has become the leading depository of India with over 2 crore beneficiary accounts and is the first and the only depository to launch have its Branch at the International Financial Services Centre (IFSC) at the GIFT City, Gandhinagar. In addition, he continues to implement strong systems and processes for effective governance.
He is also a Director on the Board of AIC-NMIMS Incubation Centre, which was launched by NMIMS – a premier B school in India, in collaboration with NITI Aayog, Government of India.
Shri Vora has over 2 decades of experience. In his earlier role as the Chief Regulatory Officer of BSE Limited and the member of the Executive Leadership Team, he drove regulatory excellence through membership compliance, surveillance, inspection, investigation, regulatory communication, investor services, listing compliance and regulatory legal teams.
He began his career with Securities and Exchange Board of India (SEBI) in 1996, where, he managed various functions including the Derivatives and New Products Department, covering policy, product and process innovation in areas of derivatives. He also implemented the T+2 rolling settlement and the system of Straight through Processing for the Institutional trades for the Indian Securities Markets.
Shri Vora has also headed the Broking and Investment Banking Compliance at DSP Merrill Lynch Ltd, as the Director, Law and Compliance.
He has been felicitated with many Distinguished awards across his career such as NetApp Innovation Award 2019 for Social Media Parsing (using Artificial Intelligence), Compliance Champion award, IDC Digital Transformation Awards, Best New Product in Asia for Market Surveillance, OGC Living the Mission Award amongst many others and latest being recognised as the Distinguished Alumnus. He is a guest speaker at various international forums, conferences and is also a lecturer at the National Institute of Securities Markets (NISM).
Shri Vora holds a Commerce degree from H R College, Mumbai and a Master of Management Studies degree in Finance from the Narsee Monjee Institute of Management Studies (NMIMS), University of Mumbai.