Mumbai, Maharashtra, India, November 2025 — Viral Davda has been elevated to the position of Chief Information Officer (CIO) at BSEIndia, marking a significant milestone in his distinguished career in financial technology leadership. This elevation underscores his pivotal role in advancing BSEIndia’s digital transformation journey and strengthening its technology backbone to support one of the world’s fastest stock exchanges.
As Deputy Chief Information Officer, Viral was instrumental in fortifying BSE’s IT infrastructure, enhancing system reliability, and ensuring robust regulatory compliance. His leadership contributed to aligning the exchange’s technology strategy with business objectives, optimizing performance, and driving innovation across key functions including trading, clearing, and surveillance.
With over two decades of experience in financial services and exchange technology, Viral brings a deep understanding of building resilient, secure, and future-ready systems. Prior to joining BSEIndia, he spent more than 16 years at NCDEX (National Commodity & Derivatives Exchange), where, as Chief Technology Officer, he spearheaded large-scale digital transformation projects, modernized trading platforms, and enhanced risk management frameworks to strengthen market infrastructure.
Viral’s earlier professional journey includes leadership roles at Datamatics, Agilisys, and Aditya Birla Minacs, where he honed his expertise in business analysis, technology management, and enterprise-wide process optimization. An alumnus of SPJIMR (SP Jain Institute of Management & Research) and the Indian School of Business, he exemplifies a continuous pursuit of learning and innovation.
In his new role as CIO, Viral Davda will lead BSEIndia’s next phase of technological evolution, focusing on cybersecurity, digital enablement, and infrastructure modernization, reinforcing the exchange’s commitment to efficiency, resilience, and innovation in India’s capital markets.
About BSEIndia
BSEIndia (Bombay Stock Exchange), established in 1875, is Asia’s first and the world’s fastest stock exchange with a trading speed of 6 microseconds. Recognized globally by its benchmark index, SENSEX, BSE plays a vital role in India’s capital market ecosystem.
Under the guidance of its Board of Directors, BSE has expanded its reach across 417 cities and towns in India. The exchange continues to uphold its legacy of integrity, innovation, and market leadership through cutting-edge technology and a relentless commitment to investor trust and transparency.
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