BSE Limited on Tuesday announced the appointment of SS Mundra, Public Interest Director as the Chairman of the board of directors of the company. Mundra will succeed Justice Vikramajit Sen, the current chairman.
“… the Board of Directors of the Company on Monday, May 16, 2022, had considered and approved the appointment of Shri S. S. Mundra, Public Interest Director as the Chairman of the Board of Directors of the Company, subject to the approval of SEBI,” it said in a regulatory filing on Tuesday.
Mundra took over the post of Public Interest Director at BSE in January 2018. He served for three years as Deputy Governor of the Reserve Bank of India before retiring on 30th July 2017.
Before joining RBI, he was the Chairman and Managing Director of the Bank of Baroda.
Mundra, in his banking career of forty years, held several top-level posts including Executive Director of Union Bank of India, and Chief Executive of Bank of Baroda (European Operations).
He was a part of the Financial Stability Board (G20 Forum) and other different committees as the RBI’s representative. He was also the OECD’s International Network on Financial Education’s Vice-Chair (INFE).
Mundra served on the boards of many multi-faceted corporations before entering the RBI, including the Clearing Corporation of India Ltd (CCIL), Central Depository Services (India) Ltd. (CDSL), and BOB Asset Management Company, India. Finance for Infrastructure
IndiaFirst Life Insurance Company Limited, Star Union Dai-Ichi Life Insurance Company Limited, National Payments Corporation of India Limited, and more.
Mundra is a Fellow Member of the Indian Institute of Banking & Finance (FIIB).
Amity University honored him with the Degree of Doctor of Philosophy (D.Phil.), Honoris Causa, for his exceptional contribution to the field of banking and related areas.