The International Securities Services Association (ISSA) has welcomed Padmaja Chunduru as the National Securities Depository Limited’s (NSDL’s) representative on its board.
Chunduru brings international knowledge and experience of the securities services industry. In a career spanning more than three decades, with postings in India and USA, Chunduru has gained experience in corporate lending, credit management, retail operations, digital banking and treasury and international operations.
Chunduru has been the managing director and CEO of NSDL since September 2021 after completing a 37-year tenure in the banking industry, with State Bank of India and Indian Bank.
Vicky Kyproglou, board chair at ISSA, states: “[Padmaja’s] knowledge and ability to deliver for the market, be it T+1 or DLT solutions, will help ISSA maintain its relevance and grow the franchise. The ISSA board looks forward to working with her to shape the future of securities services.”
Commenting on her new role, Chunduru says: “ We have been keen supporters of the ISSA mission as we believe that connections, collaboration and change make this industry stronger. As a board member based in India, I look forward to helping ISSA develop the deep roots that we need to be successful.”
