Vijay Kumar has been appointed the new Managing Director (MD) and Chief Executive Officer (CEO) of National Commodity & Derivatives Exchange Limited (NCDEX) for three years with effective from January 18, 2018. He succeeded Samir Shah. He has over 25 years of experience in leadership roles in the areas of commodity trading and merchandising along with risk management, logistics and operations. Kumar is an agro-industry veteran who has worked for companies such as National Bulk Handling Corporation, Cargill, Reliance Industries, Arthur Andersen, ITC Ltd, Britannia and Sharp Group. He had worked at NCDEX as Chief Business Officer (CBO) between June 2009 and September 2014.