|
|
Media Release
Madhu Kannan joins Bombay Stock Exchange as MD & CEO
The Board of Directors of Bombay Stock Exchange (BSE) appointed Madhu Kannan as Managing Director & Chief Executive Officer (C.E.O.). Mr. Kannan has held various senior roles across businesses at the NYSE Euronext. Prior to his appointment at BSE, Mr. Kannan was a Managing Director with Bank of America - Merrill Lynch based in New York.
On his appointment as the MD & CEO, Mr. Kannan said, "I am honoured and excited to have the opportunity to lead Bombay Stock Exchange in the new global financial era. The Exchange has been the centre of Indian Financial Markets since 1875 and I look forward to ensure that BSE continues to build on its brand, history, and market position to create value for its stakeholders and the financial system.
Said Mr. Jagdish Capoor, Chairman, BSE, “Mr. Kannan joins BSE at a time when the Exchange business has assumed global dimensions, and his experience and international perspective will bring in a lot of value to BSE.”
Brief Profile :
Mr. Kannan joins the BSE from Bank of America - Merrill Lynch where he was a Managing Director in the Corporate Strategy Group. He joined Merrill Lynch in March 2008 as a Managing Director (Strategy and Business Development). In this role he focused on the development and execution of key strategic initiatives for Merrill Lynch in the emerging markets of Asia and Middle-East & North Africa (MENA) and the Global Sovereign Wealth Funds Group.
Prior to Bank of America-Merrill Lynch, Mr. Kannan was Senior Vice President at NYSE Euronext. During his stint at NYSE Euronext, he has served in various senior roles across a range of businesses including Vice President, Corporate Client Group, Head of International Listings (Asia Pacific Region), and Managing Director, International Strategy and Business Development of the Exchange.
Mr. Kannan earned his undergraduate degree B.E. (Hons.) in Electrical and Electronics, M.Sc (Hons.), in Economics from BITS, Pilani, India and an M.B.A. in Finance from Vanderbilt University, USA.
Mr. Kannan was nominated as a Young Global Leader in 2007 by the World Economic Forum (WEF), based in Geneva, Switzerland.
