Mumbai: CIFDAQ, a blockchain ecosystem company, has appointed Muthuswamy Iyer as its Chief Compliance Officer (CCO). With over 25 years of experience primarily in the securities market and the Web3/blockchain sectors, Muthuswamy has held key positions at WazirX, Edelweiss Broking Ltd, Karvy Stock Broking Ltd, Angel Broking Ltd, and the National Stock Exchange of India Ltd. He brings a wealth of expertise in regulatory compliance and adherence to PMLA guidelines to his new role at CIFDAQ.
In his most recent role as Senior Director of Compliance at WazirX, Muthuswamy led the company’s regulatory compliance efforts. He has previously held leadership positions in compliance at Edelweiss Broking Ltd, Karvy Stock Broking Ltd, and Angel Broking Ltd, where he established robust compliance systems for stock broking, wealth management, and depository services. His ability to ensure regulatory adherence while enhancing operational efficiency has earned him a reputation for integrity and diligence within the financial services sector.
As the Chief Compliance Officer at CIFDAQ, Muthuswamy will oversee regulatory compliance and risk management, ensuring the company aligns with global regulatory standards. He will also manage CIFDAQ’s anti-money laundering controls and coordinate with regulatory authorities, building on his proven track record of fostering and maintaining compliance cultures across various financial institutions.
Himanshu Maradiya, Chairman and Founder of CIFDAQ, stated, “Muthuswamy Iyer’s wealth of experience makes him the ideal leader to guide CIFDAQ’s compliance strategy as we grow globally. His strong leadership and deep understanding of compliance will play a critical role in ensuring our ecosystem maintains its reputation for transparency and adherence to regulatory standards.”
On joining the CIFDAQ team, Muthuswamy Iyer commented, “I am thrilled to join CIFDAQ and contribute to its vision of building a trusted, globally compliant blockchain ecosystem. With my experience, I look forward to ensuring CIFDAQ continues to set industry standards for compliance, transparency, and operational excellence.
Throughout his career, Muthuswamy has developed extensive expertise in regulatory compliance, surveillance, and engaging with regulatory authorities. Renowned for his crisis management skills and his ability to achieve results under pressure, he has consistently showcased leadership in overseeing large teams and navigating complex compliance operations.
