Shri Nehal Vora is the Managing Director & Chief Executive Officer of Central Depository Services (India) Limited (CDSL), India’s leading Depository. With over 25 years of extensive experience in the Indian Capital Markets, he has held significant roles at esteemed organizations such as BSE, DSP Merrill Lynch, and SEBI before joining CDSL in September 2019.
Acknowledged for his outstanding contributions, he has received numerous accolades, including the Global Custodian Legend Award, Asia, in May 2024, the prestigious CEO of the Year Asia 2024 award by the Asia Asset Management awards, along with prior recognitions such as the CEO of the Year at the 20th Global Edition Business Leader of the Year Awards in 2022. He is also a recipient of The Vocational Excellence Awards presented by the Rotary Club of Bombay Seaface.
Under Shri Vora’s leadership, CDSL has been recognised with distinguished global and regional awards such as the ‘Central Securities Depository of the Year’ Award at the Asset Servicing Times – Industry Excellence Award 2023 and the Highly Recommended Market Infrastructure Institution of the Year at the Regulation Asia Awards 2023. Additionally, CDSL won the Tech Circle Business Transformation Award for excellence in digital execution in October 2023. CDSL also won the Innovation award in ‘Digital & Market Leadership’ during Custodian Inaugural Leaders in Custody Asia awards held by Global Custodian in May 2023.
Shri Nehal Vora has actively contributes to shaping the regulatory landscape through his active participation in various SEBI policy committees and advisory groups. He chairs the Working Group on Market Data Advisory Committee (MDAC) for Secondary Markets. He is a member of other SEBI committees such as the FPI Advisory Committee, Market Data Advisory Committee, Corporate Bonds and Securitization Advisory Committee (CoBoSAC), Secondary Market Advisory Committee (SMAC), and the IFSCA Expert Committee on Secondary Markets.