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CDSL Executive Directors Appointed with SEBI Approval

28 May 20261 min read
BANKING & FINANCECDSL ExecutiveDirectorsAppointed withSEBI Approval28 May 2026safalsetu.com

Why in the news

The market regulator cleared two senior executives to join the board of the depository CDSL, assigning each a distinct area of responsibility.

Key facts

  • Regulator: Securities and Exchange Board of India (SEBI).
  • Institution: Central Depository Services Limited (CDSL).
  • Appointees: Amit Mahajan and Nayana Ovalekar, as Executive Directors on the board.

Who handles what

Executive DirectorResponsibility
Amit MahajanCritical operations
Nayana OvalekarCompliance, risk management and investor grievances

Wider trend

BSE and NSDL likewise announced executive appointments for their operational verticals.

Exam angle

  • CDSL: Central Depository Services Limited; approval given by SEBI.
  • Names to remember: Amit Mahajan (operations) and Nayana Ovalekar (compliance, risk, grievances).
  • Other bodies with similar appointments: BSE and NSDL.

Test yourself

1. Which regulator approved the appointment of Amit Mahajan and Nayana Ovalekar as Executive Directors at CDSL?

SEBI approved the appointments to the CDSL board.

2. Who among the new CDSL Executive Directors will manage compliance, risk management and investor grievances?

Nayana Ovalekar will oversee compliance, risk and investor grievances.

3. What does CDSL stand for?

CDSL is Central Depository Services Limited.