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India’s National Stock Exchange Seeks New CEO Before Planned IPO

Outside the National Stock Exchange of India Ltd. (NSE) building Mumbai.

Outside the National Stock Exchange of India Ltd. (NSE) building Mumbai.

Photographer: Dhiraj Singh/Bloomberg

National Stock Exchange of India Ltd., the world’s largest derivatives bourse by volume, invited applications for a new chief executive officer before its much-delayed initial public offering.

The applicant should have at least 25 years of relevant experience -- five as a financial services leader -- and having led an organization through an IPO process will be an advantage, the exchange said in a newspaper advertisement Friday. Applications are sought through March 25.