BSE’s Ashish Kumar Chauhan set to be new CEO of NSE

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The Securities and Exchange Board of India (SEBI) has approved the name of Ashish Kumar Chauhan as the MD & CEO of NSE.

Chauhan is currently the MD and CEO of BSE.

His appointment is subject to acceptance of the offer made to him and fulfillment of terms and conditions including approval from the shareholders of NSE, the stock exchange said in a statement.

In the interim, the Governing Board of NSE has decided the following framework till the new MD & CEO assumes charge.

An Internal Executive Committee comprising of Yatrik Vin, Group CFO & Head Corporate Affairs, Priya Subbaraman, Chief Regulatory Officer, Somasundaram KS, Chief Enterprise Risk & Information Security Officer and Shiv Kumar Bhasin, Chief Technology & Operations Officer has been constituted for the purpose of running the affairs of the company.

The Committee will be dissolved upon the new MD & CEO assuming office.