BSE hunts for next CEO as current chief Sundararaman R to retire next year

Applicants must be under 62 years of age as of July 1, 2027, and should have a strong understanding of capital markets. According to BSE, the ideal candidate should have a strong understanding of technology and digital transformation. They should also have "a proven ability to lead technology-enabled initiatives and drive operational excellence." BSE is also looking for a "market-savvy leader with an entrepreneurial mindset and an innovative approach to driving growth within a regulated ecosystem."

Applicants should have a strong academic background, including a graduate degree or professional qualification from a recognised educational or professional institution. Qualifications such as BA, BCom, CA, MBA, LLB and BTech, or equivalent credentials from reputed institutions, are among those listed. The selected candidate will need to meet the eligibility requirements under the Companies Act and applicable Securities and Exchange Board of India (SEBI) regulations, and obtain the necessary clearances or no-objection certificates from relevant authorities, wherever required.

The compensation and perquisites will be in line with industry standards. Under current SEBI guidelines, a person may be appointed as MD and CEO for a maximum of two terms, each not exceeding five years, subject to the maximum age limit of 65 years. The deadline for submissions for the post is set for November 19, 2026. Current CEO Sundararaman Ramamurthy was appointed as the Managing Director and chief executive office from January 4, 2023. He succeeded Ashishkumar Chauhan, who is the current MD and CEO of NSE.