BSE Recruitment: Asia’s oldest stock exchange i.e. BSE Limited will soon see a major change. The exchange has started the search for new faces for its biggest posts namely Managing Director (MD) and Chief Executive Officer (CEO). BSE has also officially invited applications for this. This entire exercise is being done because the current BSE chief Sundararaman Ramamurthy is going to retire next year. On June 15, 2027, he will attain the age of 65, which is the fixed age of retirement from the post. This is why the exchange has expedited the process of finding its new boss in time.

Age limit also fixed along with experience

The advertisement released by BSE for this post has laid down clear conditions regarding the candidate’s experience. The applicant should have at least 20 years of professional experience. A minimum of 5 years of experience working in a senior leadership role is required. Also, the age of the candidate should be less than 62 years as on July 1, 2027. The exchange is looking for someone who has a deep understanding of capital markets.

Emphasis will be placed on digital transformation

In today’s era, the stock market is completely dependent on technology. BSE has made it clear that apart from technology, the new leader must also have a strong understanding of digital transformation. The candidate should have the ability to take new initiatives related to technology. Also can make work better. The Exchange is looking for a market-savvy leader with an entrepreneurial mindset. By staying within the rules, it can drive the growth of the company in new ways. The selected candidate will get salary and other facilities as per industry norms.

SEBI regulations will also be taken care of

For this top post, the academic background of the candidate should also be very strong. A bachelor’s degree or professional qualification from a recognized institution is required. Candidates with BA, B.Com, CA, MBA, LLB, B.Tech or equivalent degree are considered eligible. The selected candidate will have to meet all the regulations of the Securities and Exchange Board of India (SEBI) along with the Companies Act. Where necessary, approval or No-Objection Certificate (NOC) from the concerned authorities is also to be obtained.

When can you apply?

According to the current SEBI guidelines, any person can be appointed MD and CEO for a maximum of two terms. Each term is for a maximum of 5 years. However, the condition of maximum age limit of 65 years also remains applicable. The last date for submission of applications for this post is fixed as 19 November 2026. If we talk about the current CEO Sundararaman Ramamurthy, he took over as the MD and CEO of BSE on January 4, 2023. He replaces Ashish Kumar Chauhan, who is currently the MD and Chief Executive Officer (CEO) of the National Stock Exchange.