Board of Directors

• Ranked among the 'Top 30 Global Innovators in e-finance' by Institutional Investor
• Innovator of modern financial markets through PPP model
• Founder of MCX - the world's 7th largest commodity futures exchange. Also DGCX, GBOT, IEX, and SMX among others.

Mr. Shah is the founder Chairman and Group Chief Executive Officer of the Financial Technologies Group, a global leader in creating and operating technology centric financial exchanges for stocks, commodities, currencies, and bonds among other asset classes.

Mr. Shah is often called the 'Innovator of modern financial markets' for his role in creating a successful public private partnership (PPP) model to build world class financial institutions in emerging economies. He launched MCX in 2003 which is the world's 7th largest commodity futures exchange as per the Futures Industry Association (FIA), 2008. The success of MCX has inspired several countries and Government entities to partner with Financial Technologies and promote various global exchanges. These achievements have seen him feature among the 'Top 30 Global Innovators in e-finance' by Institutional Investor in 2008. He is also listed among the 'Dominant Financial & Futures Industry Leaders for 2008' by Futures Industry Association (FIA), Washington.

Mr. Shah is a recipient of the 'Ernst & Young Entrepreneur of the Year' award for business transformation. He has been recognized by CLSA as one of the 'Top 20 Indians' who can change the face of world business and has been inducted in their Hall of Fame. He has been honored with the 'US-India Businessman of the Year' and has been chosen by the World Economic Forum (WEF), Geneva, as a 'Young Global Leader'. He has also been presented with the 'Global Social Entrepreneur' award by Rotary International.

Mr. Shah is deeply passionate about the role of markets in Corporate Social Responsibility activities (CSR) and has launched initiatives such as 'Gramin Suvidha Kendra' in association with India Post and 'Pragati' with Rotary International to empower underprivileged communities with education and training within the group.

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• Former Chairman and Managing Director, British- American Tobacco Co. Ltd. (BAT)
• Founder-Chairman and Managing Director, Strategic Management Consultants Ltd.
• Former Chairman, the Mauritius Chamber of Commerce and Industry and the Mauritius Employers Federation

Mr. Vayid is a distinguished professional with diverse experience in the private as well as public sector of Mauritius. His proficiency would be invaluable in enabling the establishment of GBOT as a prominent tech-centric global exchange.

Mr. Vayid was the Chairman and Managing Director of British-American Tobacco Co. Ltd. (BAT) and was the coordinator for Africa and the West Indies. He has also served as the Chairman, the Mauritius Chamber of Commerce and Industry and the Mauritius Employers Federation. He is the founder Chairman and Managing Director of Strategic Management Consultants Ltd.

Mr. Vayid has served as a Chairperson of several public sector enterprises such as the Central Housing Authority, the Mauritius Broadcasting Corporation, the National Housing Development Company, the Mauritius Research Council and the Mauritius Oceanography Institute. More recently, he was elected to chair the National Economic and Social Council.

In 1976, Mr. Vayid was appointed Companions of the Order of St. Michael and St. George (C.M.G.) for public service by H. M. the Queen. He was also honored as the Grand Officer of the Order of the Star and Key of the Indian Ocean in 2007 by the President of the Republic. He has been an active member of the Mauritius Marine Authority, the Central Electricity Board, the Special Constitutional Tribunal, the Permanent Arbitration Tribunal, and the Law Review Committee.

Mr. Vayid holds an honors degree in History and Constitutional Law from Edinburgh University and management qualifications from Bradford University (UK) and I.M.D. Lausanne, Switzerland. He is a Fellow of the UK Chartered Management Institute, and a Member of the Institute of Directors, London.

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• Former Managing Director, Bank of Mauritius (the Central Bank of Mauritius)
• Former Managing Director, First City Bank Ltd. (now Bank One Ltd.)
• Former Managing Director, Development Bank of Mauritius

Mr. Tacouri possesses invaluable experience in the banking sector in Mauritius and has been involved with several banking organizations most notably that of the Central Bank of Mauritius. In addition, he also bears thorough knowledge of the nation from a socio-economic perspective. Thus, his expertise would be significant in facilitating the growth and transformation of GBOT into a well recognized global exchange.

Mr. Tacouri joined the Bank of Mauritius (the Central Bank of Mauritius) in 1971. He has put in over two decade in the development of the bank. During his tenure, he held several responsible positions including that of the Chief Manager. Subsequently, he moved up to assume greater responsibilities and last held the position of Managing Director, prior to his retirement from the Central Bank. In succession to his major roles in the Bank of Mauritius, Mr. Tacouri went on to become the Managing Director of the Development Bank of Mauritius. He also had a stint with First City Bank Ltd. (now Bank One Ltd.) as its Chief Executive Officer. Apart from his banking stints, he has been actively involved in accelerating the socio-economic developments in Mauritius.

Mr. Tacouri has earned his Masters in Economics from the Pune University, India. He went on to do his pre-Ph. D. course on "Research Methodology" from the Gokhale Institute of Politics and Economics, Pune, India.

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• Former Chairman, Stock Exchange of Mauritius Ltd.
• Former Chairman, Central Depository & Settlement Co. Ltd.
• Chairman, Bramer Asset Management Ltd.

Mr. Moollan comes with great understanding of the Mauritian financial market owing to his stints with various prominent financial organizations of Mauritius. This holds him in good stead to assume the responsibility of a Director on the board of GBOT. His expertise would be significant in enabling GBOT in becoming a successful new generation tech-centric global exchange.

Mr. Moollan was the Chairman of important financial organizations of Mauritius such as the Stock Exchange of Mauritius Ltd. and the Central Depository & Settlement Co. Ltd. He is the chair person of Asmo Securities & Investments Ltd. and Bramer Asset Management Ltd. Mr. Moollan was the Director of several listed companies including the Swan Insurance Co. Ltd. and the Anglo Mauritius Assurance Society Ltd. He has made significant contributions as a member of the Corporate Governance Committee in companies such as Medine S. E. Co. Ltd. and Plastic Industry (Mauritius) Ltd.

Mr. Moollan has a Bachelors degree in Economics from the Monash University, Australia and is a member of Certified Practicing Accountants (CPA), Australia.

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• Instrumental in setting up Exchanges - MCX, MCX Stock Exchange and DGCX
• Former Chief Technology Officer, Financial Technologies Group
• Over 28 years of experience in application development and more than 18 years in the financial industry systems

Mr. Hariharan steers the company's strategy and corporate development efforts, including mergers, acquisitions, divestitures, and global expansion partnerships. He leads corporate efforts like intellectual property (IP) licensing, venture capital, community services, and partnerships. His responsibilities also include customer intelligence and corporate affairs. He has been instrumental in setting up new exchange ventures such as Multi Commodity Exchange (MCX), MCX Stck Exchange, Dubai Gold & Commodities Exchange (DGCX), and others in the Middle East and South-East Asia. In his role as Director, Strategy, he has been charting the company's roadmap and has been ensuring that the company continues to build on its leadership in innovation and growth. Before stepping into his current position, Mr. Hariharan served Financial Technologies as the Chief Technology Officer, responsible for the strategic planning and marketing of the company's brand portfolio.

Prior to joining Financial Technologies, Mr. Hariharan was the Assistant Vice-President of the systems department at the National Stock Exchange (NSE). He has also worked with NSE.iT, a subsidiary of the NSE, as a Group Head and handled the operations of the NEAT trading system. He was also a part of the automation and implementation team for the BOLT® trading and back-office systems at the Bombay Stock Exchange (BSE).

Mr. Hariharan is a postgraduate in Statistics and a gold medalist from the University of Calicut. He has attended various training programmes in the digital trading environment, fault-tolerant systems, and operations at Tandem and Stratus Computers, US.

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• Former Managing Director and Chief Executive Officer, OTCEI
• Led the Membership, Listings, Inspection and Corporate Communications departments at NSE
• Established the Legal and Compliance departments at ICICI Securities

Mr. Bosco is the Deputy Managing Director and Chief Operating Officer of GBOT. Promoted by Financial Technologies and licensed by the Financial Services Commission of Mauritius, GBOT is the first international multi-asset derivatives exchange offering entire basket of commodities and currencies from Mauritius to the global investing community.

Mr. Bosco is a qualified professional in Finance, Law and Compliance with over 34 years experience in Banking and Capital Markets. He has held top positions in this field, including that of Managing Director & Chief Executive Officer of OTCEI, Head of an independent Listings Authority in an international exchange in Dubai, with extensive exposure in the Indian, US, UK, Singapore and Gulf markets.

Earlier, while at National Stock Exchange (NSE), Mr. Bosco headed the departments of the Membership, Listings, Inspection and Corporate Communications. In 2004, while working with ICICI Securities, he established the Legal and Compliance departments.

Mr. Bosco was a Director on the board of two US companies belonging to the ICICI Bank Group, on various committees of Securities and Exchange Board of India (SEBI), and the founding Executive Member of South Asian Federation of Exchanges (SAFEX).

Mr. Bosco holds a degree in Law and is an M.B.A. in Finance from XIM, Bhubaneswar, and is a graduate professional in Regulations and Compliance (CRCP) for the US Securities Markets from the Wharton School, University of Pennsylvania, US.

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