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Ashish Kumar Chouhan, Managing Director and Chief Executive Officer (MD & CEO) of Bombay Stock Exchange has resigned from his post. He has been relieved of the responsibilities of BSE (Bombay Stock Exchange). Let us tell you that Chouhan is going to join BSE’s competitor National Stock Exchange (NSE) as Managing Director and CEO.
Ashish Kumar Chauhan was one of the founder members of NSE but he left NSE in the year 2000 and joined Reliance Industries Group. Then, came into the world of stock exchange in the year 2009 and became the Deputy CEO of BSE in the year 2009. In 2012, he took over as the CEO of BSE. After Chouhan’s resignation, BSE has started searching for its new chief.
On the other hand, the Board of BSE has constituted an Executive Management to run the work of the Exchange in the interim, which will look after the affairs of BSE till the appointment of a new MD and CEO. The Bombay Stock Exchange has given this information during its regulatory filing.
The Executive Management Committee, which has been formed to look after the work of BSE, included BSE Chief Regulatory Officer Neeraj Kulshrestha, Chief Financial Officer Nayan Mehta, Chief Information Officer Kersi Tevadia, Chief Business Officer Sameer Patil and Chief Trading Operations and Listing Sales Girish Joshi. has gone.
Ashish Kumar Chauhan has been relieved of the responsibilities of BSE with effect from July 25, 2022. Let us tell you that Chauhan is known to increase the earnings of BSE and make it the world’s fastest exchange, whose response time is around six microseconds, the shortest in the whole world.
The credit for starting the trading of stocks from mobile in India also goes to Ashishkumar Chauhan. It is under his leadership that currency, commodity, equity derivatives, SMEs, startups, mutual funds, insurance distribution, spot market and power trading have got a new place in the Indian market.