Deena Mehta

Deena Mehta (Gujarati: દીના મહેતા) born on 18 February 1961, is an Indian businesswoman, broker, investor, financial adviser, chartered accountant and social activist. She is the managing director and chief executive officer of Asit C. Mehta Investment Intermediates Ltd.[2] Mehta was one of the first female members of Bombay Stock Exchange, Mumbai and eventually went on to become its first woman president.

Deena Mehta
Born18 February 1961
Valsad, Gujarat, India
NationalityIndian
Alma mater H.R. College
SVKM's NMIMS
ICAI
OccupationManaging director of Asit C. Mehta Investment Interrmediates Ltd
Spouse(s)Asit C Mehta
Children2[1]
Websitewww.investmentz.com

Early life and education

Deena Mehta completed her schooling from Mary Immaculate Girls' High School in Mumbai. A commerce graduate from H.R. College and a chartered accountant, Mehta has a master's degree in management studies (finance) from the SVKM's NMIMS. She also holds a diploma in stock exchange studies from BSE Training Institute and a post graduate diploma in securities law from Government Law College, Mumbai

Career

With her husband Asit Mehta, she set up the Mumbai-based brokerage firm Nucleus Securities in 1986. This firm eventually became the Nucleus Group of Companies. Asit C. Mehta Investment Interrmediates Limited is a part of the Nucleus Group.[3]

Mehta was the first woman director on the board of the Bombay Stock Exchange. She was vice-president for two years and was elected president of the Exchange in 2001.[3] Her tenure lasted a total of six years from April 1996 to March 2002.[4]

She is on the Board of Reliance Asset Reconstruction Company Limited, Magma Housing Finance Limited, Fino Payments Bank Limited and Gandhar Oil Refinery (India) Limited as Independent Director. She is the promoter director of Central Depository Services Ltd. as well as South Asian Federation of exchanges, the association of stock exchanges of SAARC countries. She has been an invitee to International Securities Regulators Organization, and member of Index Committee and Advisory Committee on Mutual Funds of Stock Exchange, Mumbai and a member of SEBI Committees such as Review of Eligibility (CORE) norms of SEBI, Derivative Committee, Delisting Committee, Ethics Committee and Investor Education. [5]

Mehta has been a member of the board of directors of the following organizations:

She is also a visiting faculty on stock markets at IIM Ahmedabad[9]

Awards and achievements
  • First woman president of Bombay Stock Exchange in the 125 years of the exchange's existence[10]
  • Awarded for outstanding contribution in the field of banking and financial services by Ladies Wing, Indian Merchant Chamber
  • Honoured by Cosmos Bank for outstanding contribution in the field of finance in December, 2005
  • Awarded as outstanding Young Indian in Business Category by Indian Jaycees in 1998

Personal life

Mehta has been married to Asit Mehta since 1984 and has two sons, Aditya and Aakash.[1] In August 2018, Mehta discussed her upbringing and personal interests on the VartaLab podcast.[11]

References
  1. "The power broker". Times of India. 18 March 2001.
  2. "Asit C Mehta Financial Serv (ASIT:Mumbai)". Bloomberg. Retrieved 11 February 2018.
  3. "MoneyControl". Retrieved 12 September 2013.
  4. "BSEIndia". Retrieved 12 September 2013.
  5. "Deena Mehta".
  6. "Cotton Association of India to launch 1st price index". Retrieved 12 September 2013.
  7. https://www.cdslindia.com/downloads/annual_rep/CDSLANNREP1999-2000.pdf
  8. "NPCI". Retrieved 12 September 2013.
  9. "Sify Article". Retrieved 12 September 2013.
  10. "Deena Mehta is first woman to head Bombay Stock Exchange". Rediff.com. 9 March 2001. Retrieved 11 February 2018.
  11. "Ep. 02: Feat. Deena Mehta". IVM Podcasts - Indian Podcasts for you to listen to. Retrieved 14 November 2019.


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