Jignesh Shah – The Mastermind Behind FTIL
The financial business tycoon, Jignesh Shah, is a creator and an innovator. The first generation entrepreneur was a visionary, and like every visionary, he knew that the only way he can achieve his dream is by being an entrepreneur. After working for some time at the Bombay Stock Exchange (BSE) and gaining the required experience, Jignesh Shah came up with his flagship product Financial Technologies India Limited and took the financial market of India to new global heights. Soon after FTIL’s grand success, Jignesh Shah came up with more innovative initiatives like Multi Commodity Exchange of India Limited (MCX) and ODIN which created millions of job opportunities in India and revolutionized the Indian financial market.
His journey started a few years ago when he invited a few top capital market honchos for a meeting and demonstrated his ground-breaking strategies to them. Ever since that day, Jignesh Shah has never looked back. In the need of the hour, he successfully curated the Public-Private Partnership (PPO) model to build world-class financial institutions. He had also created the modern IP-centric financial markets, which were the instruments to change the contours of exchange trading in India and other emerging economies from Africa to Asia.
Jignesh Shah’s main objective was to work for the betterment of the society. He wanted India to reach new heights that it has never even imagined. With his initiatives, he had set up an eco-system which followed the ‘Make In India’ ideology of our Prime Minister, Narendra Modi. With his brilliant ideas, he created numerous job opportunities and put emphasis on skill enhancement. He also ensured high-quality standards and maintained an environment –friendly process.
Shah’s contributions to the society have been appreciated by a series of prestigious awards like being listed among the ‘Dominant Financial & Futures Industry Leaders for 2008’ by Futures Industry Association (FIA), Washington, featured among the ‘Top 30 Global Innovators in e-finance’ by Institutional Investor in 2008, and awarded the ‘Indian Express Innovation Award’ presented by the then President, Late Dr. A. P. J. Abdul Kalam. Other than these, he has also been considered among the ‘Top 20 Indians’ who can change the face of world business by CLSA and has been honored with the ‘US-India Businessman of the Year’ award. He has also been chosen by the World Economic Forum (WEF), Geneva, as a ‘Young Global Leader’.