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Kannan, new BSE CEO

Last Updated 11 May 2009, 20:50 IST
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Prior to his appointment, he was Managing Director (Corporate Strategy) with Bank of America-Merrill Lynch based in New York. Kannan also held various senior roles across businesses at the NYSE Euronext.
The announcement by BSE this evening here comes nine months after Rajnikant Patel quit as CEO of the exchange in August last year due to differences over management issues. On his appointment, Kannan said: “I am honoured and excited to have the opportunity to lead the Bombay Stock Exchange in the new global financial era. The exchange has been the centre of Indian Financial Markets since 1875 and I look forward to ensure that the BSE continues to build on its brand, history, and market position to create value for its stakeholders and the financial system.”  A BE (Hons.) in Electrical & Electronics &  MSc (Hons.), in Economics from BITS, Pilani, he is also an MBA in Finance from Vanderbilt University, USA.

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(Published 11 May 2009, 20:50 IST)

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