SEBI’s Nod For Upma Chawdhry As MSE Chair


Ms. Chawdhry becomes the only woman Chairperson among India’s Market Infrastructure Institutions (MIIs)


Ms. Upma Dada Chawdhry, Public Interest Director, as the Chairperson of the Governing Board of MSE

FinTech BizNews Service

Mumbai, May 30, 2026: MSE has today announced that SEBI has approved the appointment of Ms. Upma Dada Chawdhry, Public Interest Director, as the Chairperson of the Governing Board of MSE.

A distinguished 1983batch IAS officer of the Himachal Pradesh cadre, Ms. Chawdhry brings over 35 years of rich administrative and governance experience across key areas including finance, rural development, education, industry, tourism, women’s empowerment, and public sector reforms.

Her career has been marked by institution-building, policy leadership, and  governance  transformation  at  both  State  and  Central Government levels. She became the first woman Director of the Lal Bahadur Shastri National Academy of Administration in 2016. She has represented India at international forums including the World Trade Organization and has worked closely with several United Nations agencies. Between 2018 and 2021, she served as a Member of the United Nations Committee of Experts on Public Administration and chaired the working group for the United Nations Public Service Awards.

Ms. Chawdhry has also served on the boards of several reputed institutions and companies, contributing significantly towards governance enhancement and organizational development.

On the occasion, Ms. Latika S. Kundu, Managing Director & CEO, MSE, said: “We are privileged to welcome Ms. Chawdhry as Chairperson of the Governing Board of MSE. Her distinguished public service legacy, deep governance expertise, and institution-building leadership will provide immense strength to the Exchange. Her guidance comes at a significant phase in MSE’s journey as we continue to advance our vision of building a strong, transparent, innovative, and inclusive market infrastructure institution for new India .”


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