Published On: Sun, May 15th, 2011

Gokul Patnaik Elected Chairman of Indian Commodity Exchange

The Indian Commodity Exchange Board of Directors has elected Mr. Gokul Patnaik, IAS (Retd.) as the Non-Executive Chairman of the company.

Mr. Patnaik is an Independent and Public Interest Director on the Board of the Exchange and has served in senior positions both with the Government of Punjab and Government of India. Mr. Patnaik has been the President of the All India Food Processors’ Association, a member of the National Council of Confederation of Indian Industries (CII) and a member of the Task Force on Agriculture of Federation of Indian Chambers of Commerce and Industry (FICCI).

He is on the Board of Trustees of the Prince of Wales’ Bhumi Vardaan Foundation which promotes sustainable agriculture in Punjab. He is also a member of the Chief Minister’s Advisory Committee on Agriculture, Government of Madhya Pradesh.

“It is indeed a privilege to have a person of Mr. Patnaik’s eminence as the Chairman of the Indian Commodity Exchange,” said Mr. Rajnikant Patel, MD & CEO, Indian Commodity Exchange. “Mr. Patnaik brings with him a wealth of experience and insight into this role in the commodity exchange space, particularly agriculture. His role as an administrator, where he has been actively involved in policy formation and execution, will definitely help the Exchange in delivering value to the national commodity market infrastructure. His guidance and expertise will be an asset for the organisation and beneficial in more ways than one.”

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