New Delhi (18.07.2022): The incumbent MD & CEO of the Bombay Stock Exchange (BSE) Ashish Kumar Chauhan will shortly take over as the new CEO of the National Stock Exchange (NSE). The Securities and Exchange Board of India (SEBI) approved Chauhan for the coveted post (NSE). Chauhan's second five-year tenure at BSE ends in November and BSE too has started the process to select a new chief. At NSE Chauhan will succeed Vikram Limaye, whose five-year term ended on Saturday. Limaye did not seek another term at the National Stock Exchange (NSE) despite being eligible. Chauhan was one of the founders of NSE where he worked from 1992 to 2000. He is best known for his contribution to modern financial derivatives in India due to his work at NSE. Ashish Chauhan faces the uphill battle of guiding the exchange at a time when it is facing regulatory probes pertaining to governance lapses as well as a scam related to its co-location facility.
BSE's Ashish Chauhan as the next CEO of NSE
By IndianMandarins - 2022-07-18 09:20:00
New Delhi (18.07.2022): The incumbent MD & CEO of the Bombay Stock Exchange (BSE) Ashish Kumar Chauhan will shortly take over as the new CEO of the National Stock Exchange (NSE). The Securities and Exchange Board of India (SEBI) approved Chauhan for the coveted post (NSE).
Chauhan's second five-year tenure at BSE ends in November and BSE too has started the process to select a new chief.
At NSE Chauhan will succeed Vikram Limaye, whose five-year term ended on Saturday. Limaye did not seek another term at the National Stock Exchange (NSE) despite being eligible.
Chauhan was one of the founders of NSE where he worked from 1992 to 2000. He is best known for his contribution to modern financial derivatives in India due to his work at NSE.
Ashish Chauhan faces the uphill battle of guiding the exchange at a time when it is facing regulatory probes pertaining to governance lapses as well as a scam related to its co-location facility.
