New York


Core Group

Corporate Structure
IBMA has been incorporated as a company limited by shares with profit objective. It will be managed by a team of professionals, who will be responsible for all day-to-day matters. The Board of Directors of IBMA will consist of:
  • Representatives of National Spot Exchange Limited
  • Representatives from bullion dealers
  • Professional and independent directors having experience in bullion trade
In order to carry out its various activities, IBMA will constitute various Technical Committees for advising the IBMA Board on specific areas. Some of such committees will be:
  • Technical Committee for approval of refineries
  • Advisory Committee for finalizing the Code of Conduct and Professional ethics to be followed by IBMA members
  • Trade Advisory Committee, which will advise the Board on various issues faced by the Bullion trade and industry and the measures to be taken for solving such issues