Mr. Jitesh Surendran, CEO of Mercantile Exchange Nepal Limited (MEX Nepal), has been elected as the Vice Chairman of the South Asian Federation of Exchanges (SAFE) for the term 2017-2019 at the 13th General Assembly Meeting of SAFE held at Bombay Stock Exchange, India.

Mr. Jitesh Surendran, CEO of Mercantile Exchange Nepal Limited (MEX Nepal), has been elected as the Vice Chairman of the South Asian Federation of Exchanges (SAFE) for the term 2017-2019 at the 13th General Assembly Meeting of SAFE held at Bombay Stock Exchange, India. This triumph was achieved due to the diligence and commitment showed by him during his tenure as the member of SAFE Executive Board in 2015. Mr. Ashishkumar Chauhan, Managing Director and Chief Executive of Bombay Stock Exchange, was appointed as the new Chairman. Likewise, Mr. Rajeeva Bandaranaike, CEO of Colombo Stock Exchange was appointed as Senior Vice Chairman and Mr. K.A.M. Majedur Rahman, Managing Director of Dhaka Stock Exchange, as Vice Chairman. SAFE is a common forum of 28 members of security market participants working for the promotion and development of securities markets across South Asia which includes Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka as well as Mauritius and UAE. SAFE provides advisory, consulting and facilitator services to all its members and also other capital market-related entities. Being elected as the Vice Chairman of SAFE, Mr. Surendran has proved his as well as MEX Nepal’s prominence in Nepalese derivatives commodity market. This recognition has added another feather in his cap as well as another milestone in the company’s long list of achievements.