Udai Kumar is the managing director and CEO of the Metropolitan Stock Exchange of India Ltd (MSEI) since February 2016.
In 2007, he joined JM Financial Consultants as Director and worked on this position till 2009.
After a short stint at Centrum he joined as Head of Equity Capital Markets at Fortune Financial Services in December 2010 and worked on this position till November 2013.
[7][8] In December 2013, he joined Inter-connected Stock Exchange of India as Managing Director.
[9][10] The capital markets regulator SEBI had conducted a special purpose inspection of MSEI in February 2018 and in November 2022 has barred for six months from being associated with any market infrastructure institution or associated entities over multiple violations.