Sundararaman Ramamurthy becomes MD & CEO of BSE

Market regulator the Securities and Exchange Board of India (Sebi) approved the appointment of Sundararaman Ramamurthy as managing director & chief executive officer of BSE, according to a disclosure made by the exchange.
This appointment will be subject to shareholder approval, the disclosure added.
The top job at BSE has been vacant since July when its last managing director Ashish Kumar Chauhan resigned from the position to join rival exchange NSE as its CEO.
Ramamurthy will now succeed Ashishkumar Chauhan, former MD and CEO of BSE. The new appointment comes more than four months after Chauhan resigned from the post, with effect from July 25. After his resignation, Chauhan was appointed as the MD and CEO of the National Stock Exchange (NSE).