WELCOME TO BSE Institute Ltd.

Leadership Team

Welcome to our governing board!

Our leadership team's core members form a community that is constantly striving to strengthen the Institute. This leadership team has worked together over the years to make the BSE Institute one of the best financial education institutes in the world. They set and maintain a very high standard of education to strengthen the trust placed in the Institute by students.

Mr. Ashishkumar Chauhan


Mr. Ashishkumar Chauhan is the MD and CEO of BSE—the first stock exchange of India, ranked as the largest exchange in the world in terms of the number of stocks listed. In 2014, he received the Best CEO in the Financial Markets in the Asia Pacific Award by The Asian Banker, and is ranked amongst the top 50 Chief Information Officers (CIOs) by several magazines and institutions. Ashish is best known as the father of modern financial derivatives in India. At BSE, he has been responsible for bringing in the fastest trading system in India with a response time of 200 microseconds.

Ashish is considered to be one of the foremost experts in financial market policies, microstructure, information technology, organized retail, telecommunications, Indian social issues, cricket, etc. He currently serves on the Board of ICCL, CDSL, BSE Institute Limited, and Marketplace Technologies Limited. He also serves as the Chairman of the Advisory Committee on Technology of FMC, and is a member of several SEBI committees (including Primary Market Advisory Committee and Secondary Market Advisory Committee). He is also a member of the UK–India Financial Partnership constituted by the Ministry of Finance, Government of India, and serves on the managing committee of the Indian Merchants Chamber. Ashish holds a B.Tech in Mechanical Engineering from IIT Bombay and a PGDM from IIM Calcutta.

Mr. Ambarish Datta

Managing Director & CEO

Mr. Ambarish Datta is the founding Managing Director & CEO of the BSE Institute Ltd. He has been instrumental in setting up BSE Institute Ltd. (BIL) as a fully owned subsidiary of Bombay Stock Exchange Ltd. He is also the founder of the BSE Institute Ryerson Technology Start-up Incubator Foundation—the world's first start up accelerator housed within a Stock Exchange. He also set up BFSI Sector Skill Council of India, the country's nodal body to implement all National Skill development programs for the BFSI Sector. The accelerator is supported by the Government of India and has incubated more than 200 high-tech start-ups across multiple domains till date. Prior to taking up this assignment, he headed the Technology Aided Learning group at Reliance Retail Limited, during which he was responsible for the nationwide roll out of numerous e-learning and blended learning programs covering a wide range of learners from shop floor staff to senior managers. Before his stint with Reliance Retail, he handled various portfolios in the IT and learning solutions space. He comes with 25+ years of experience in Education and Enterprise Technology across multiple domains.

He has done his SMP from the Indian Institute of Management, Calcutta. In addition, he is a member of the board for BFSI Sector Skill Council of India, BIL RFI, and was also a member of the India Advisory Board of CISI-UK in the past. Moreover, he was elected as the Vice Chairman of the global committee on Financial Literacy at the World Federation of Exchanges—a body of all recognized stock exchanges in the world.

Mr. V. Balasubramaniam


Mr. V. Balasubramaniam is the founding Managing Director and Chief Executive Officer of India International Exchange IFSC Ltd. He also holds board position in the BSE Institute Limited, India International Clearing Corporation (IFSC) Limited., India INX Global Access IFSC Limited, India International Bullion Holding IFSC limited, India International Bullion Exchange IFSC Limited. He is in the committee of experts  of sustainable finance, Investment funds, positioning IFSC as a hub for offshore trading in INR, of IFSCA

He has over 25 years of experience in the Capital Markets industry and has previously worked with Reliance Group as Vice President and was also co-founder of BSE Technologies Private Limited which was acquired by BSE. He has served on the board of Central Depository Services (India) Limited, Futures Industry Association – Asia, Co-Chair of FICCI Capital Market Committee etc.

He has a Masters in Commerce from the University of Mumbai. He is a rank holder from the Institute of Cost Accountants of India, Diploma from Institute of Chartered Financial Analysts of India and is a Certified Information Systems Auditor.

Mr. Neeraj Kulshrestha


Mr. Neeraj Kulshrestha heads the regulatory functions of the exchange including membership compliance, surveillance, inspection, investigation, regulatory communication, investor services, listing compliance and regulatory legal. At BSE he was earlier responsible for Business Development, Trading, Membership and Listing Operations and Development. He has about 27 years experience in Capital markets, which includes Securities Markets and General Insurance.

Prior to BSE he was an Executive Director in Morgan Stanley India for a decade. He was earlier with National Stock Exchange and has managed various functions like Trading Operations, Inspection and Investigation, Futures and Options Clearing and Trading. He was also the CEO of India Index Services Ltd. and Dotex International Ltd. He has completed his Bachelors in Computer Science from Delhi University and a MBA (Finance) from Indore University.