BSE Appoints First Independent Woman Director Jayshree Vyas To board

BSE, formerly known as the Bombay Stock Exchange, has appointed its first independent woman director Jayshree Vyas. BSE already has two non-executive women directors namely Usha Sangwan and Rajeshree Sabnavis on its Board.

Vyas is a professionally-qualified chartered accountant, working as the managing director of Shree Mahila Sewa Sahakari Bank, Ahmedabad, since 1986. She helped in launching the first financial literacy programme in Sewa Bank in 2001.

Source: Economic Times

Static/Current Takeaways Important for LIC AAO Exam:

  • The Companies Act of 2013 mandates a certain class of companies to have at least one woman director on board. Sebi, in compliance with the Companies Act 2013, made it compulsory to have at least one woman on board from October 2014.
  • BSE MD & CEO: Ashishkumar Chauhan.

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