BSE India has announced the elevation of Viral Davda as its new Chief Information Officer (CIO). With this appointment, Davda takes the helm of the exchange’s technology strategy and innovation roadmap, reinforcing BSE’s commitment to digital resilience, cybersecurity, and operational excellence. His promotion comes after an impactful tenure as Deputy CIO, where he played a key role in strengthening the exchange’s IT infrastructure, ensuring business continuity, and aligning technology initiatives with business objectives.
A seasoned technology leader with over two decades of experience, Viral Davda brings a rare blend of strategic foresight, domain depth, and execution excellence. His expertise spans the entire exchange ecosystem—trading, clearing and settlement, surveillance, and risk management—making him a pivotal figure in shaping the technological backbone of India’s financial markets.
Before stepping into the CIO role, Davda spent over 16 years at NCDEX, where he spearheaded multiple technology transformations as Chief Technology Officer, driving modernization, digital innovation, and system resilience. His leadership at NCDEX was instrumental in enhancing market integrity, optimizing processes, and strengthening technology governance across mission-critical platforms.
Known for his business-oriented and results-driven approach, Davda has consistently championed the alignment of technology with enterprise goals to drive productivity and profitability. His professional strengths include digital roadmap planning, cost optimization, cybersecurity governance, vendor management, and regulatory engagement—all essential to maintaining BSE’s technological leadership in the capital markets ecosystem.
Throughout his career, he has also held key roles at Datamatics, Agilisys, and Aditya Birla Minacs, where he honed his skills in project management, business analysis, and enterprise technology consulting.
As he steps into his new role, Davda’s focus will likely remain on driving innovation, fortifying cybersecurity, enhancing operational efficiency, and ensuring that BSE’s technology infrastructure remains robust and agile in an increasingly digital-first financial environment. His elevation reflects BSE’s vision to strengthen its leadership bench with proven technologists capable of navigating the evolving demands of the exchange industry.
With this appointment, BSE reaffirms its commitment to staying ahead of technological disruptions and building a secure, future-ready trading ecosystem under Davda’s leadership.
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