The Bombay Stock Exchange (BSE) will announce on Monday the name of its new chief executive officer (CEO) amid speculation that former Managing Director of the New York Stock Exchange (NYSE) Madhu Kannan could be named for the post.
“We will announce the name of the new CEO on Monday,” the BSE Chairman Jagdish Capoor told reporters here after the board meeting today.
Madhu Kannan, who currently holds the post of managing director (corporate strategy) at Bank of America-Merrill Lynch, is believed to be a strong contender for the BSE top post.
Asked if Kannan would take over as CEO, Capoor declined to reveal the name.
Asked about other issues discussed at the board meeting, Capoor said routine matters were discussed.
BSE has been without a full-time CEO ever since Rajnikant Patel resigned as managing director in August last year due to differences over management issues.
BSE Chief Operating Officer Mahesh Soneji has been looking after routine affairs of the exchange since then.
