Ashishkumar Chauhan
Ashishkumar Chauhan is an Indian business executive and administrator who currently serves as the managing director (MD) and chief executive officer (CEO) of the National Stock Exchange of India (NSE). He is widely recognized as the father of modern financial derivatives in India and has played a pivotal role in shaping the country's financial markets.[1][2][3] He was previously the managing director and chief executive of the Bombay Stock Exchange. He resigned in early 2022. He is credited with reviving the BSE, Asia's oldest stock exchange.[4] Under his leadership, the exchange successfully completed an IPO which BSE had been working on for 10 years. During his career at BSE, Chauhan introduced mobile trading and online real-time surveillance systems to the exchange as well as launched a number of new products including SMEs, currencies, mutual funds and corporate bonds. He was also instrumental in setting up the country's first international exchange, India International Exchange. He is a distinguished visiting professor at Ryerson University, Toronto, Canada.[5] Background[edit]Chauhan's career in the financial sector spans over three decades. He was one of the founding members of the NSE in 1993, where he was instrumental in setting up the exchange's equities and derivatives markets. He is credited with creating the NSE-50 (Nifty) index, which has become the most traded index in derivatives in India. After his initial stint at NSE, Chauhan worked with Reliance Industries, where he held various positions including chief information officer (CIO) of Reliance Infocomm and later as the Reliance Group CIO. He also served as the CEO of the Mumbai Indians cricket team during its formative years. Prior to rejoining NSE, Chauhan served as the MD and CEO of the Bombay Stock Exchange (BSE) for over a decade. During his tenure at BSE, he led significant transformations, including making it the fastest exchange in the world with a response time of less than six microseconds.[6][7] Education[edit]Chauhan holds a Bachelor of Technology in mechanical engineering from the Indian Institute of Technology (IIT) Bombay. He further enhanced his educational qualifications by obtaining a Post Graduate Diploma in Management (PGDM) from the Indian Institute of Management (IIM) Calcutta. References[edit]
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