Will two ex-IAS officers be able to ring-fence MCX and MCX-SX from Jignesh Shah and Rs 5,600 crore-NSEL fiasco?

Pillai (top) and Mishra

WILL two highly efficient retired IAS officers, former chief information commissioner Satyananda Mishra and former home and commerce secretary GK Pillai, be able to keep the batting Multi Commodity Exchange of India Limited (MCX) and MCX Stock Exchange Limited (MCX-SX), at an arm’s length of Financial Technologies group founder Jignesh Shah and Rs 5,600 crore-NSEL scam? Mishra, a...

5 things to know about new MCX chairman and former IAS Satyananda Mishra

Multi Commodity Exchange of India Limited (MCX) battling with a Rs 5,600-crore payment crisis in one of its group companies NSEL, has roped in former IAS of Madhya Pradesh cadre and ex-RTI chief Satyananda Mishra as its chairman. Many in the corridors were surprised by the move as unlike former IAS and ex-MCX director Ashok Jha, Mishra is not a corporate type. He does not know how to play golf, keeps a photo of his Guru at his chamber and speaks English with a thick Oriya accent. Here are five things you may like to know about new MCX boss Satyananda Mishra:

RTI chief Satyananda Mishra, his colleagues, and the shocker to Netas

CIC Mishra

FORMER IAS officer and Chief Information Commissioner Satyananda Mishra has always enjoyed the tag of an efficient and highly honest civil servant. Now, he has one more feather in his cap. Mishra along with former IPS officer…

Soft spoken retired IAS, Satyananda Mishra, set to become new CIC

1973 BATCH retired IAS of Madhya Pradesh cadre Satyananda Mishra is set to become the new RTI chief. A three-member high-level committee headed by Prime Minister Manmohan Singh on Monday zeroed in his candidature as the next Chief Information Commissioner in place of AN Tiwari who is retiring on December 16.

A soft-spoken bureaucrat who understands the nuances of government rules thanks to his long innings in the personnel ministry, Mishra is currently the senior most information commissioners. Two other members of the selection panel include law minister Veerappa Moily and leader of the Opposition Sushma Swaraj.

Hailing from Orissa, Mishra had earlier served as Establishment Officer and special secretary in department of personnel and training (DoPT), before being elevated as DoPT secretary in January, 2007. Current steel secretary and 1976 batch Uttar Pradesh cadre IAS PK Mishra was the Establishment Officer then.

At present, the other five Information Commissioners are Annapurna Dixit, Deepak Sandhu, Sushma Singh, ML Sharma and Shailesh Gandhi.

(In picture: Mishra, left, with first CIC Wajahat Habibullah)

Sebi to keep tab on bureaucrats investing in MF

A bureaucrat investing in mutual fund will now be recorded. Market watchdog Sebi is set to keep a tab on mutual fund investments made by bureaucrats and politicians. According to new rules effective from January 1, 2010, all the new and existing MF investors will have to disclose their actual identity. This would even apply to Member of Parliament, MLA or MLC.

Another Indian envoy asked to pat down in US airport

Hardeep Puri, 1974 batch Indian Foreign Service (IFS) officer and Ambassador to the United Nations, was recently asked to remove his turban during an airport ‘pat-down’ search in the US. But he refused to oblige and instead opted for another procedure. Recently, Indian ambassador to US Meera Shankar was forced to pat down despite she showed her diplomatic credentials.

Also Read

Is Shankar’s Sari responsible?