Smt. Ovalekar is a shareholder Director nominated by the holding company Central Depository Serviced (India) Limited [CDSL]. She is working as Chief Regulatory Officer of the CDSL. In this role she is responsible for overseeing the regulatory vertical of CDSL including Audit & Inspection, Surveillance, Admission of Constituents, Regulatory Interactions, Legal & Secretarial. She has been involved in formulation of policies governing financial reforms in depository segment by being actively involved in ideation with the Regulator. She joined CDSL in the year 2003. Prior to joining CDSL, she worked with the custodian Stock Holding Corporation of India Ltd and was involved in setting up of its Depository Participant Operations. She has a Bachelor’s degree in Commerce and is a qualified Company Secretary.