Mr. Mrugank Paranjape
MD & CEO of Multi Commodity Exchange of India (MCX)
Mrugank Paranjape is the Managing Director and Chief Executive Officer (MD & CEO) of Multi Commodity Exchange of India (MCX), and a Director on the Board since May 2016. MCX is India's leading Commodity Futures Exchange and the only listed bourse in the country today with products that are internationally acclaimed and well recognized across bullion, base metals, energy and agricultural commodities.
Prior to joining MCX, he was the India Head/CEO of DB Centre-a unique front office desk extension of Deutsche Bank across all business divisions and business aligned control functions. Prior to that he was Managing Director responsible for Deutsche Banks, Global Transaction Banking Division's Cash, Trust & Securities Services for Financial Instritutions. During the last decade he has held several leadership positions and assignments with Deutsche Bank in India and Singapore.
In the year 2012, he was awarded 'The Custodian Banker of the Year' for Asia by the Asian Investor Magazine.
He brings with him over 25 years of experience in diverse roles across various geographies and function such as Business head, Operations & Technology across Transaction Banking, Asset Management, Stock Broking and Retail Banking.
In his career, he has also held senior positions with organisations such as ICICI Prudential AMC, IndiaInfoline, ING Baring Securities, and Citibank.
Mr. Paranjape is an alumnus of IIT Mumbai (Electrical Engineering) and IIM Ahmedabad.
His wife, Dr Shubhangi, is an MD in Anaesthesia and pursuing her practice in Mumbai. He has 2 sons - Nachiket pursuing his Masters in Electronics Engineering at Columbia University, New York and Anshuman pursuing his Bachelors in Electronics Engineering at BITS Pilani Goa Campus.