World
Economic Forum declares FTIL Founder Jignesh Shah the ‘Young Global Leader of
2007’
Jignesh Shah, the Founder of Financial Technologies
(India) Limited (FTIL), has been selected the ‘Young Global Leader of 2007’ bythe
international body World Economic Forum.
The Forum of Young Global Leaders (YGL), launched by
The World Economic Forum, is a unique community that bestows honour to distinguished,
next-generation leaders, who are under 40 years of age.
The YGL community follows a rigorous nomination,
selection and assessment criteria to recognise best leadersfrom across the
world. Accolades are offered to individuals who havededicatedly put efforts in
serving the society. Exceptional contribution in shaping the world’s future is
one of the primary qualities that qualify an individual for this title.
Jignesh Shah is also the MD and CEO of Multi Commodity
Exchange of India (MCX), which is India’s first listed exchange. His featuring as
the ‘Young Global Leader of 2007’ attestshis significant role in economic and
social development in India as well the global financial market.
FTIL: The Untold
Story of Jignesh Shah’s Silent Revolution
What
draws global investors to India is the enterprise of its people. Indians are equipped with competence, foresight, and ability to
create markets of repute. These markets can operate with international
benchmarks and standards. One such exemplar is Jignesh Shah.
Jignesh Shah had a vision to form new
generation markets. With a potent combination of finance and technology, he
developed a top quality financial market infrastructure. India had not seen a
financial market like that before. Theefforts of Jignesh Shah enabled the
national enterprise to display its prowess and potential at a global stage.
The
group that championed the development zone of the Indian financial sector in
the last one and a half decades, is Financial Technologies Group.
FinancialTechnologies (India) Limited or FTIL is consideredas new-age infrastructure of
India’s financial market. FTIL led by Jignesh Shah, took India’s footprint into
the rapidly growing regions of Africa, ASEAN and the Middle East. Shah has been
successful in harnessing the potential he once saw in market forces.
Shah’s approach to market development is unique.His
approach reflected in the remarkable success of his group in a short span of
time. Jignesh Shah’s approach involves a well-defined market structure design
that includes a wide institutional framework.
Key
foundations of Financial Technologies involve:
Commodity exchanges in India and abroad, business ventures
promising sustainable growth and expansion, creation of a strong professional
management, engagement with numerous stakeholders, discovering and spearheading
innovative products, and pursuing aspirations on a global scale.
From
both the modern and historical viewpoint, sound financial institutions and
markets play a vital role in backing the economic development of a nation. All
over the world, growth of businesses depend on latest technologies and
innovations.
Under
the entrepreneurial leadership of Jignesh Shah,Financial Technologies pioneered
the growth of new generation financial markets in India.Shah’s
FTIL conquered other parts of the world as well, including highly competitive
markets of Singapore.The aim of FTIL
is to insure highest returns for shareholders while blending inclusive growth
with social interests.
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