Mumbai: SS Mundra is appointed as chairman by BSE. The appointment of SS Mundra, Public Interest Director as the Chairman of the company’s board of directors was announced and approved by BSE Limited on May 17. Mundra will replace Justice Vikramajit Sen who is the current chairman.
S Mundra retired as Deputy Governor of Reserve Bank of India on 30th July 2017 after completing a term of three years. Before that, the last position held by him was as Chairman and Managing Director of Bank of Baroda from where he retired in July 2014.
In a regulatory filing on Tuesday by BSE “.the Board of Directors of the Company on Monday, May 16, 2022, had considered and approved the appointment of Shri S. S. Mundra, Public Interest Director as the Chairman of the Board of Directors of the Company, subject to approval of SEBI,”
In a banking career spanning over four decades, Mundra held several important positions including that of Executive Director of Union Bank of India, and Chief Executive of Bank of Baroda (European Operations) amongst others. He also served as RBI’s nominee on the Financial Stability Board (G20 Forum) and various committees. He was also the Vice-chair of OECD’s International Network on Financial Education (INFE).
Before joining RBI, Mundra also served on Boards of several multi-dimensional companies like the Clearing Corporation of India Ltd (CCIL), Central Depository Services (India) Ltd. (CDSL), BOB Asset Management Company, India Infrastructure Finance Corporation (UK) Ltd. (IIFCL), IndiaFirst Life Insurance Company Ltd., Star Union Dai-Ichi Life Insurance Company Ltd., National Payments Corporation of India Ltd., etc.
