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Suresh Shankar Nadkarni
From Wikipedia, the free encyclopedia
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Suresh Shankar Nadkarni (1934–1995) was an Indian banker, corporate executive and the chairman of the Securities and Exchange Board of India (SEBI).[1]
Prior to his assignment with SEBI, he headed the Industrial Credit and Investment Corporation of India (ICICI) and the Industrial Development Bank of India (IDBI).[2] He was also serving as a director of the Life Insurance Corporation of India (LIC) from 1993.[3][4] He was credited with efforts in streamlining the Indian securities market and in introducing measures to prevent illegal trading of stocks,[1] including forward trading.[5]
Together with Ravi Narain, RH Patil and others, he helped create the blueprint for the National Stock Exchange of India Limited (NSE) in 1992.
He died on 31 January 1995, at the age of 60, succumbing to a heart attack.[1][6]
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Achievements
The Government of India awarded him the third highest civilian honour, the Padma Bhushan, in 1989, for his contributions to society,[7] making him the first banker so honoured.[2]
In 1992, he was chosen as the Goa World Man of the Year by Goa Today Magazine.[8]
References
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