Multi Commodity Exchange (MCX) has announced the appointment of Mr. Baiju V. Budhwani as the Head of Department – Inspection and Audit, effective September 15, 2025. Mr. Budhwani will also serve as a Key Managerial Personnel. He brings over 24 years of experience in regulatory compliance and risk management.
Leadership Change at MCX
The Multi Commodity Exchange (MCX) has appointed Mr. Baiju V. Budhwani as Head of Department – Inspection and Audit, effective September 15, 2025. He will also take on the role of Key Managerial Personnel within the organization.
Experience and Expertise
Mr. Budhwani has extensive experience, with over 24 years in Regulatory Compliance, Operational Risk Management, Internal Audit/Controls, and Stakeholder & Regulatory liaison.
Previous Roles
Prior to joining MCX, Mr. Budhwani served as Vice President – Internal Controls and Compliance Officer at Axis Securities Ltd. He also brings experience from companies such as Vodafone Idea Ltd, Vodafone M-Pesa Ltd., HDFC Securities Ltd., and Aneja Associates.
Educational Background
Mr. Budhwani holds a Master’s degree in Management Studies in Finance, a Bachelor of Law (LLB), and a Bachelor of Commerce degree.
Source: BSE
