First MD & CEO of India International Bullion Exchange in GIFT City resigns
He joined IIBX in February 2022, ahead of the exchange’s launch by Prime Minister Narendra Modi in July that year
Ashok Kumar Gautam, the first Managing Director and Chief Executive Officer of India International Bullion Exchange IFSC Ltd (IIBX), has resigned after leading the country’s first international bullion exchange at GIFT City for more than four years. Gautam, who cited personal reasons for stepping down, is currently serving a three-month notice period, sources aware of the development told the businessline.
He joined IIBX in February 2022, ahead of the exchange’s launch by Prime Minister Narendra Modi in July of that year. During his tenure, he led the operational rollout of the exchange and helped establish the ecosystem for international bullion trading from GIFT City.
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