Sundararaman Ramamurthy has taken over as Managing Director and CEO of the leading stock exchange BSE.
BSE stated that SEBI has approved Ramamurthy’s appointment.
The appointment is conditional on Ramamurthy accepting the offer and meeting the terms and conditions, according to the statement.
The appointment comes after BSE’s former MD & CEO Ashishkumar Chauhan resigned and moved to NSE in July 2022.
Ramamurthy has previously served as the National Stock Exchange’s (NSE) senior member since its inception. However, after serving in this capacity, he accepted the position of MD and Chief Operating Officer at Bank of America’s Indian subsidiary.
He has also worked for the Indian Overseas Bank, the Industrial Development Bank of India (IDBI), and the State Bank of India (SBI).
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