Chief of Equity, NCDEX
Tojo Banerjee serves as Chief – Equity Business at the National Commodity & Derivatives Exchange Limited (NCDEX), where he leads the development and expansion of the Equity, Equity Derivatives and Mutual Fund platforms. He is responsible for strengthening the exchange’s presence in India’s evolving capital markets, with his work aligned to the industry’s shift from a monopoly structure toward a multiplayer, competitive ecosystem.
With over 28 years of experience across capital markets and BFSI, Tojo brings deep expertise in business development, relationship management, risk and credit. Prior to NCDEX, he was associated with the National Stock Exchange (NSE) and ICICI Bank both, he says, conscious career choices rather than accidental ones. At ICICI Bank, he was part of the retail growth surge that marked one of Indian banking’s most significant expansion stories. At NSE, he was instrumental in the successful launch of two market indices.
At NCDEX, Tojo is steering the build-out of the exchange’s Equity, Equity Derivatives and Mutual Fund platforms, with the MF platform set to launch shortly. His short-term goal is to successfully bring all three platforms to market; his longer-term ambition is to establish them as genuinely relevant players within India’s capital markets landscape, at a moment he describes as an exciting one for the industry, as new entrants reshape what was once a monopoly market into a multi-player ecosystem.
Tojo holds the AICWAI qualification, underscoring a strong foundation in finance and strategic management. He describes himself as a firm believer in collaborative leadership. A leader, in his view, is only as strong as their team. He sees his primary role as guiding and supporting the team toward results, while using his position to remove obstacles and enable their success, fostering a culture of accountability and performance. His professional ethos is anchored in a simple mantra: give your best to every responsibility you undertake.