Shri Ashishkumar Chauhan
MD & CEO
Shri Nehal Vora
Chief Regulatory Officer
Shri Nayan Mehta
Chief Financial Officer
Shri Kersi Tavadia
Chief Information Officer
Shri Neeraj Kulshrestha
Chief Business Officer
Smt. Prajakta Powle
Company Secretary and Compliance Officer
Mr. Ashishkumar Chauhan
- MD & CEO
Shri Ashishkumar Chauhan is the MD & CEO of BSE (Bombay Stock Exchange), the first stock exchange of Asia. He is one of the founders of India's National Stock Exchange ("NSE") where he worked from 1992 to 2000. He is best known as the father of modern financial derivatives in India due to his work at NSE. He was instrumental in setting up India's first fully automated screen based trading system and first commercial satellite communications network. He also created several path breaking frameworks including Nifty index, NSE certifications in financial markets etc.
From 2000 to 2009, he worked as the President and Chief Information Officer of Reliance group and was also the CEO of the cricket team Mumbai Indians in its formative years. He also handled additional responsibilities as the Head, Corporate Communications for Reliance Group from 2005 – 2006.
He joined BSE as Deputy CEO in 2009 and was appointed as CEO in 2012. He is credited with reviving BSE including making it the fastest Exchange in the World with less than 6 microseconds response time, introduction of Mobile Trading first time in India, state of the art online real time surveillance system, introduction of several market leading products like SME, Currencies, Mutual Funds, Corporate Bonds distribution, Offer for Sale, Offer to buy etc. He was also instrumental in setting up India's First International Exchange "India International Exchange", which was inaugurated by the Hon'ble Prime Minister of India Shri Narendra Modi in January 2017 at Gandhinagar, Gift City. He has successfully completed the IPO of BSE which was pending for over 10 years. BSE IPO was oversubscribed 51 times with close to 12 lakh applications in January 2017.
Ashish has won several International and Indian awards including:
Distinguished Fellow, Institute of Directors 2017, New Delhi
Distinguished Alumnus Award 2016 - IIM Calcutta
CEO of the Year, Diamond Sabre Awards 2015, Hong Kong
Indian Business Leader of the Year, Horasis Interlaken/Switzerland 2015
RH Patil Award for Excellence in Financial Services, June 2015
Distinguished Alumnus Award, Indian Institute of Technology, Bombay, 2014
Best CEO in the Financial Markets in the Asia Pacific by the Asian Banker, 2014
Zee Business Awards- Special contribution in Commodities and Capital Market, 2013
TOP 50 CIOs, Information Week, US, 2009
He holds a B Tech in Mechanical Engineering from IIT Bombay and a PGDM from IIM Kolkata. He is a Distinguished Visiting professor at Ryerson University, Toronto, Canada.
Due to his work in various fields spanning a quarter of a century, he is considered one of the foremost experts in the fields of Information Technology, Finance, Markets, Micro structure of markets, cricket, telecommunications, organized retail, Oil & Gas refining and Indian social issues.
He is the Chairperson on the Board of Governors (BoGs) of the National Institute of Technology (NIT) Manipur, member of the Board of Governors at IIM Raipur and an Independent Director of the ICSI Insolvency Professionals Agency, a 100% subsidiary company of The Institute of Company Secretaries of India. He is the Chairman of South Asian Federation of Exchanges (SAFE), a forum of 28 member entities from the SAARC region and neighbouring countries which aims to provide platform to share, exchange and promote the technologies, experiences for the rapid growth and development of capital markets and regional as well as global integration. He is a member of the Advisory Committee of Ministry of Micro Small and Medium Enterprises (MSME). He is an Advisor to the Technical Evaluation Committee set up by the Department of Posts for Postal Bank and also a part of several other committees of World Federation of Exchanges ("WFE"), Government of India ("GOI"), Reserve Bank of India ("RBI"), Securities and Exchange Board of India ("SEBI"), Central Board of Direct Taxes (CBDT), Confederation of Indian Industry ("CII"), Federation of Indian Chambers of Commerce and Industry ("FICCI"), Indian Merchants Chamber ("IMC"), India UK council ("UKIBC") etc. He is also a Member of the Advisory Committee of the proposed Mumbai University School of Economics and Public Policy. He is also associated with several NGOs and education institutions. His quotes and writings have been published in various newspapers, magazines and journals in India and abroad.
Shri Nehal Vora
- Chief Regulatory Officer
Shri Nehal Vora heads the regulatory functions of the exchange including membership compliance, surveillance, inspection, investigation, regulatory communication, investor services, listing compliance and regulatory legal. He is a Board member of Indian Clearing Corporation Limited (ICCL) and of Central Depository Services Limited (CDSL). His other Board Memberships include that of National Power Exchange Limited, BSE Investments Limited, BSE Sammaan — CSR Exchange.
He has more than 19 years of experience in the area of legal and compliance. He has previously worked at the Securities and Exchange Board of India (SEBI) for 10 years and as Director, Law & Compliance at DSP Merrill Lynch Ltd heading Broking and Investment Banking Compliance.
Nehal has completed his Bachelors of Commerce from Mumbai University and Master of Management Studies from Narsee Monjee Institute of Management Studies, University of Mumbai.
Shri Nayan Mehta
- Chief Financial Officer
Shri Nayan Mehta currently heads all finance, accounting, treasury and taxation functions of the Exchange. He represents BSE as the Senior Vice Chairman on the Executive Board of the South Asian Federation of Exchanges. He represents BSE on the Boards of group companies and joint ventures of BSE and as a member of the Qualified Audit Review Committee of SEBI.
He has previously worked at Credit Analysis & Research Ltd. as Joint General Manager (Accounts), CFO at Multi Commodity Exchange of India Limited and has also worked at the National Stock Exchange.
He holds a Bachelors in Commerce degree from University of Mumbai. He is a qualified Chartered Accountant as well as a qualified Cost and Management Accountant.
Shri Kersi Tavadia
- Chief Information Officer
Shri Kersi Tavadia has over 30 years of experience in the area of Application Systems/ IT Infrastructure development and management, managing all aspects of IT operations in Financial Services, Capital markets and manufacturing companies. He has played a leading role in transforming BSE into the fastest exchange in the country.
He is instrumental in promoting, adaption of Open Source technologies and has successfully deployed one of the largest Data Warehouse on Open source platform.
He has provided technical leadership & architectural vision in implementation of Mission Critical Applications across the organization including IT Infrastructure, Web portals, web based and non-web based customized solutions.
He is amongst the Pioneers to implement single-window Multi-Exchange online trading systems to facilitate trading across multiple asset classes.
Shri Neeraj Kulshrestha
- Chief Business Officer
Shri Neeraj Kulshrestha is responsible for Business Development for Equities, Equity Derivatives, Debt, Interest Rate Futures, Currency Derivatives, Mutual Fund Distribution platform and SME platform. He is also responsible for Trading Operations and Development, Listing Sales and Operations and Membership Operations.
He has about 27 years experience in Capital markets, which includes Securities Markets and General Insurance.
Prior to BSE he was an Executive Director in Morgan Stanley India for 10 years. He was earlier with National Stock Exchange and has managed various functions like Trading Operations, Inspection and Investigation, Futures and Options Clearing and Trading. He was also the CEO of India Index Services Ltd. and Dotex International Ltd..
He has completed his Bachelors in Computer Science from Delhi University and a MBA (Finance) from Indore University.
Smt. Prajakta Powle
- Company Secretary and Compliance Officer
Smt. Prajakta Powle heads the secretarial functions of the Exchange and its subsidiaries. She has a rich experience of 14 years in the field of corporate governance, compliance, regulatory and corporate secretarial. She represents BSE on the Secretarial Standards Board (SSB) constituted by the Institute of Company Secretaries of India (ICSI).
She started her professional career with Reliance Industries Limited (RIL) where she led secretarial functions of key subsidiaries including Non-Deposit Accepting Non-Banking Financial companies. She also played a significant role in conceptualisation, preparation and implementation of a comprehensive Audit Manual. She has also worked and managed secretarial functions at the JSW group and Times group.
Being 7th All-India ranking Company Secretary of June 2005- Final Exams batch, Prajakta also holds Commerce and law degree from University of Mumbai.