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After NSE, now BSE hunts for MD, CEO

The post becomes vacant only in November 2022. With this, we have a situation where the two biggest stock exchanges in India are hunting for CEOs simultaneously

March 29, 2022 / 09:18 AM IST
File image of the BSE building at Dalal Street in Mumbai

File image of the BSE building at Dalal Street in Mumbai

The BSE has invited applications for the post of Managing Director and Chief Executive Officer for the stock exchange.

Notably, the post becomes vacant only in November 2022. With this, we have a situation where the two biggest stock exchanges in India are hunting for CEOs simultaneously.

Earlier on March 4, the National Stock Exchange invited applications from candidates having IPO experience for the role of managing director and chief executive officer before March 25. This came ahead of its intended listing and the end of current MD and CEO Vikram Limaye’s tenure in June.

Limaye’s tenure has seen the company consolidate its position as the country’s largest stock exchange, and trying to move on from the colocation scam and issues of corporate governance under the former CEO Chitra Ramkrishna, who departed in 2017.