The Securities and Exchange Board of India has approved the appointment of Ashok Chawla, the former head of the Competition Commission of India, as the new chairman of the National Stock Exchange (NSE), a spokesman at the bourse said on Friday.
Reuters reported last month that NSE, India's biggest exchange, had nominated Chawla as its new chairman after previous holder S.B. Mathur stepped down upon completing his tenure.
The appointment was pending the approval of SEBI, which regulates exchanges in India.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
