S.S. Mundra, a public interest director to lead the world’s largest stock exchange, according to the BSE. Justice Vikramajit Sen will be replaced by Mr. Mundra. After serving for three years, Mr. Mundra left his position as Reserve Bank of India’s Deputy Governor in July 2017. Before that, he held the positions of Chairman and Managing Director at Bank of Baroda, until he retired in July 2014.
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KEY POINTS:
- Mr. Mundra has held a number of significant positions over his more than 40-year banking career, including Executive Director of Union Bank of India and Chief Executive of Bank of Baroda (European Operations), among others.
- Additionally, he represented the RBI as the G20 Forum’s nominee on the Financial Stability Board and its numerous committees.
- Additionally, he served as the International Network on Financial Education’s Vice-Chair for the OECD.
- He served on the boards of a number of multi-faceted businesses before to the RBI, including Clearing Corporation of India Ltd. and Central Depository Services (India) Ltd. (CDSL).
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