Global Custodian honours Ashish Chauhan with Lifetime Achievement award during Leaders in Custody Asia

Founder of the National Stock Exchange of India who has worked closely with India’s custody community and steered the exchange through the T+1 transition honoured with Lifetime Achievement award.

By Jon Watkins

Global Custodian last night honoured the managing director and CEO of the National Stock Exchange of India (NSE), Ashish Chauhan, with a Lifetime Achievement award at the inaugural Leaders in Custody Asia.

Now CEO for a second spell at the NSE, Chauhan was one of the founders of the venue back in 1993 and is considered the father of modern financial derivatives due to his work at the exchange in his seven-year spell.  

An expert in the fields of fintech, corporate governance and regulatory policies – among many others – Chauhan has more recently played a pivotal role in India’s historic move to T+1 settlement and has worked closely with the country’s leading custodian banks. 

Following his time at NSE in the 90s, Chauhan worked at Reliance Industries – India’s largest company – from 2000- 2009, as president and group CIO. He was also head, corporate communications and CEO of IPL Cricket team Mumbai Indians.  

In 2009, he joined the Bombay Stock Exchange (BSE), where he first held the role of deputy CEO before assuming the roles of managing director & CEO, which he held until 2022.  

Chauhan is credited with reviving BSE, completing its IPO and listing it, setting up IFSC Gift City Exchange, the BSE Star MF platform and introducing mobile stock trading in India.  

He has served on and is part of several policy committees of the government including the Ministry of Finance, Education, MSME, CBDT as well as regulators such as RBI and SEBI.  

Currently, Chauhan is also a director on the board of ONDC, Maha ARC (a government of Maharashtra undertaking) and a member of the board of WFE. He is also serving as the Chancellor of University of Allahabad and serves on the board of IIM Calcutta, Gokhale Institute of Politics & Economics, AJNIFM (National Institute of Financial Management), NITs, and IIITs.