Summary
Overview
Work History
Education
Skills
Accomplishments
Additional Information
Appreciation/Honours
Timeline
Venkatachalam Shunmugam

Venkatachalam Shunmugam

Senior Financial Markets Specialist
Mumbai

Summary

Making the best use of contributory, entrusting, and intrinsic managerial and leadership quality. An innovative approach to markets, policy advocacy, outreach, and brand-building efforts. A firm believer in empowered teamwork and cross-departmental team working. Connectivity to the academic thought-leaders to provide a connective edge to conduct independent research in areas of policy interests to push policy issues forward. Ability to look into granular dimensions of macro-issues for providing an effective solution to business challenges with a knack for working with all the stakeholders for end-to-end solutions.

ü Ability to connect the knowledge of economics, finance and markets with risk management

ü Expertise in exchange-traded financial market segments — from product design to policy advocacy and regulation

ü Network of relationships with international industry experts in markets, regulatory agencies and International Regulatory/Industry Associations such as IOSCO, FIA, WFE, etc

Signposts of Skillsets 1998-2023

400+ Persuasive meetings with the management, regulators, policymakers, etc.

50+ Representations in public meetings, industry fora and committees of industry associations, etc.

100+ Publications on varied perspectives on the market such as grey areas, spot market development, institutional support, risk zones and regulation.

150+ Research reports, white papers, presentations, etc., on regulation and policymaking.

10+ Committees, Regulatory Working Groups, UGC SAP Advisory Committees, Academic Advisory Committees

Overview

25
25
years of professional experience
6
6
years of post-secondary education

Work History

Adjunct Professor

National Institute of Securities Markets
Mumbai
10.2022 - Current

· Developing and delivering workshops for capacity development among market stakeholders

· Driving policy changes in financial markets through thought leadership

· Coordination with regulators and other stakeholders for capacity development programs

· Teaching the students of PG Diploma in securities markets about Financial Markets and Commodity Markets

Working with other stakeholders to take up consultancy projects

Head - Research and Index Administration

MCX
Mumbai
03.2016 - 03.2020

· Leading regulatory and policy advocacy efforts

· Thought leadership in the economy, commodity / financial markets

· Index Design, maintenance, calculation and compliance administration

· Leading the publication and investor outreach efforts

· Connect academic efforts with industry needs

· Design and implement brand-building efforts for the business

Chief Business Officer

Nomura Research Institute Financial Technologies India Limited
Mumbai
08.2014 - 09.2015

· Led business development of the financial consultancy start-up and its risk advisory division.

· Coordinated with industry associations, businesses and banks in various capacities/roles.

· Worked with Chittagong Stock Exchange to restructure their HR to meet growth aspirations.

· Prepared project concept notes, collaterals, etc, as well as extended assistance the top brass.

· Steered marketing, preparation and finalisation of project reports related to banking/treasury risk management, financial institutions, markets, etc.

Chief Economist

MCX Stock Exchange of India Limited (Currently, MSEI)
Mumbai
09.2011 - 05.2014

· Played key role in product ideation, development, and design, and policy/regulatory analysis.

· Contributed to product design and market-targeting, including market developmental efforts through the exchange-designed schemes.

· Provided guidance to the exchange in designing its benchmark index, which proved unique in many ways in the domestic market.

· Prepared a paper on measures for development of corporate debt markets that was presented to PMO during 2013 – Well appreciated by the then Joint Secretary – Capital Markets

· Helped the top management prepare and present/raise a number of regulatory pitches.

· Provided assistance and even directly interfaced market regulators and policymakers with market developmental, researched inputs.

Chief Economist

Multi Commodity Exchange of India Limited
Mumbai
03.2006 - 09.2011


· Headed the exchange’s Research & Development — commodity, fundamentals, regulatory, business, policy, etc.

· Extended expert guidance to the exchange in identifying new products and designing financial derivatives contracts.

· Led communication and outreach efforts/projects, working with national and international/ multilateral organizations such as UNCTAD in their market developmental efforts.

· Voiced the exchange’s thought leadership/ideas/views in various public fora and print media.

· Armed with market research substantiated by accurate and financial market analytics, resolved
many policy deadlocks besides working on several regulatory pitches.

Agricultural Specialist

Foreign Agricultural Services, United States Department of Agriculture, US Embassy, New Delhi
New Delhi
01.1998 - 03.2005
  • Provided analyses and reports on production-consumption to USDA-GAIN Report — a key to
    USDA global commodity statistics – Globally well-followed report by market stakeholders.
  • Reports and analytics of the entire trade policy matrix of a slew of commodity complexes.
  • Helped the Government of the US identify trade policy inconsistencies and worked to fittingly raise the issue with the WTO and the relevant officials of the Government of India.
  • Worked intensively and extensively with importers of US goods and Indian policymakers to resolve non-tariff barriers.
  • Worked with crucial US Govt. officials to identify policy barriers and effectively strategized to resolve the issues to mutually beneficial propositions.

Education

MSc - Agricultural Economics - Gold

Tamil Nadu Agricultural University
01.1990 - 01.1992

Ph.D. - Agricultural Economics

Indian Agricultural Research Institute, New Delhi
09.1993 - 12.1997

Skills

Index Administration

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Accomplishments

  • Http://vshunmugam.blogspot.com
  • Tweet: #VS@Vshunmugam
  • Home:
  • C-204, Valentine Aptt
  • B-1
  • Film City Road, Malad East
  • Mumbai 400097
  • Date of Birth: 16th June, 1969
  • DISCLOSURE
  • A strong believer of serving to the organisational goals rather than self-growth with strong ethics
  • Believes in sharing the success with others and accepts the failure himself contrary to contemporary smart corporate culture
  • National Institute of Securities Markets Head – Commodities Education Cell (Mar 2021 – Till Date)
  • Multi Commodity Exchange of India Pvt
  • Ltd
  • Head – Research &
  • Index Administration (Mar 2016-Mar 2020)
  • Call: +91, http://vshunmugam.blogspot.com
  • Tweet: #VS@Vshunmugam
  • Home:
  • C-204, Valentine Aptt
  • B-1
  • Film City Road, Malad East

Additional Information

ü Gold Medallist in the Post-Graduate programme in Agricultural Economics at Tamil Nadu Agricultural University

ü Qualified National Eligibility Test for Assistant Professor/Lectureship conducted by ICAR (95 & 96)

ü Earned USDA Chief Economist’s Certificate of Appreciation for best presentation on Indian oilseeds markets and trade.

Appreciation/Honours

  

ü Gold Medallist in the Post-Graduate programme in Agricultural Economics at Tamil Nadu Agricultural University

ü Qualified National Eligibility Test for Assistant Professor/Lectureship conducted by ICAR (95 & 96)

ü Earned USDA Chief Economist’s Certificate of Appreciation for best presentation on Indian oilseeds markets and trade.

Timeline

Adjunct Professor - National Institute of Securities Markets
10.2022 - Current
Head - Research and Index Administration - MCX
03.2016 - 03.2020
Chief Business Officer - Nomura Research Institute Financial Technologies India Limited
08.2014 - 09.2015
Chief Economist - MCX Stock Exchange of India Limited (Currently, MSEI)
09.2011 - 05.2014
Chief Economist - Multi Commodity Exchange of India Limited
03.2006 - 09.2011
Agricultural Specialist - Foreign Agricultural Services, United States Department of Agriculture, US Embassy, New Delhi
01.1998 - 03.2005
Indian Agricultural Research Institute - Ph.D., Agricultural Economics
09.1993 - 12.1997
Tamil Nadu Agricultural University - MSc, Agricultural Economics - Gold
01.1990 - 01.1992
Venkatachalam ShunmugamSenior Financial Markets Specialist