BSE appoints Sundararaman Ramamurthy as MD, CEO
- ByStartupStory | January 5, 2023
Bombay Stock Exchange (BSE), the world’s largest stock exchange has appointed Sundararaman Ramamurthy as the Managing Director and Chief Executive Officer. BSE stated in a regulatory filing from the previous year that the Security and Exchange Board of India (SEBI), the market regulator, has authorized the hiring of Ramamurthy as the Managing Director and Chief Executive Officer.
The exchange said in a release on Wednesday, “Sundararaman Ramamurthy has assumed charge as Managing Director and Chief Executive Officer of BSE.”
It also said that the position was contingent on Ramamurthy accepting the offer and meeting all the other requirements. The appointment follows the departure of the former BSE MD and CEO Ashish Kumar Chauhan who joined the National Stock Exchange (NSE) in July 2022.
Ramamurthy has been a senior member of NSE from the organization’s founding. But after holding this post, he accepted the position of MD and Chief Operating Officer of Bank of America’s Indian branch. Additionally, he has held positions at the Indian Overseas Bank, the State Bank of India, and the Industrial Development Bank of India (IDBI).
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