BSE MD Ashish Chauhan resigns, likely to take over as MD of NSE soon

25 Jul 2022

Ashishkumar Chauhan has resigned from his post of managing director and chief executive officer of BSE Ltd, the stock exchange said.

He was relieved “from his roles and responsibilities at BSE from today,” the bourse said in a statement today.

He is expected to join the National Stock Exchange of India as its MD and CEO after the Securities and Exchange Board of India cleared his name among the list of contenders which had been approved by the NSE and put forth before SEBI for approval.

BSE said that till it appoints a new MD and CEO an executive management panel of senior officials will run the operations of the stock exchange.

The panel comprises of chief regulatory officer Neeraj Kulshrestha, chief financial officer Nayan Mehta, chief business officer Sameer Patil, chief of trading operations and listing sales Girish Joshi, and chief information officer Kersi Tavadia.

Today, shares of BSE ended 1.4% lower at 665.85 rupees on the NSE. BSE’s shares are listed on the NSE.