Leading stock exchange BSE Limited announced that it has approved the appointment of SS Mundra, Public Interest Director as the Chairman of the board of directors of the company. Mundra will replace Justice Vikramajit Sen who is the current chairman. Mundra was appointed as Public Interest Director at BSE in January 2018. He retired as Deputy Governor of the Reserve Bank of India on 30th July 2017.
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Prior to that, the last position held by him was as Chairman and Managing Director of Bank of Baroda from where he superannuated in July 2014. However, the appointment is subject to approval by market regulator SEBI. The experience gained in guiding these entities has bestowed him with wide leadership skills and keen insights in best practices in Corporate Governance.