National Stock Exchange top deck sees a rejig

R Sundararaman, the former chief of products at NSE, has joined Bank of America as COO, India. Sundararaman worked with NSE since its inception and became the exchange’s senior VP. An executive shuffle is taking place at the senior level within NSE.

Those being moved include VPs Suprabhat Lala, K Kamala and Ravindra Mohan. Lala, who was in charge of trading and operations, will handle compliance. Kamala will look into business development and Mohan into investor services and arbitration. Two officials from PFRDA will join NSE’s regulations department as VPs.