Indianmandarins has learnt that the National Stock Exchange (NSE) has nominated Ashok Chawla, the former head of the Competition Commission of India, as its new chairman. The nomination comes following the NSE announcement made on April 6 that S.B. Mathur had stepped down as chairman after completion of his term of office.
Chawla's appointment at the country's biggest stock exchange would need to be approved by the Securities and Exchange Board of India (SEBI) which oversees exchanges in the country. A decision from SEBI could come as early as next week.
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Ashok Chawla nominated as NSE chairman
By IndianMandarins - 2016-04-30 09:30:40
Indianmandarins has learnt that the National Stock Exchange (NSE) has nominated Ashok Chawla, the former head of the Competition Commission of India, as its new chairman. The nomination comes following the NSE announcement made on April 6 that S.B. Mathur had stepped down as chairman after completion of his term of office.
Chawla's appointment at the country's biggest stock exchange would need to be approved by the Securities and Exchange Board of India (SEBI) which oversees exchanges in the country. A decision from SEBI could come as early as next week.
