SME Futures Editorial
The Bombay Stock Exchange Brokers’ Forum (BBF) has appointed Anup Gupta, Director of Sykes & Ray Equities (I) Ltd., as its new Chairman, effective immediately. Gupta succeeds Kishor Kansagra, who served in this position previously.
With extensive experience in financial services, particularly in mergers and acquisitions (M&A), corporate finance, and derivatives, Gupta brings a wealth of knowledge to BBF, which represents over 650 securities broking firms in India. His expertise is expected to further strengthen the Forum’s role in shaping the regulatory environment and supporting the growth of India’s financial markets.
The BBF plays a critical role in representing the interests of securities brokers across the country, contributing actively to policy discussions with regulators such as the Securities and Exchange Board of India (SEBI). The organisation also focuses on professional development within the industry and is a key player in investor education initiatives.
Gupta’s appointment comes at a time when the Indian securities market is rapidly evolving, with an increasing emphasis on digitalisation and the integration of global financial best practices. His leadership is anticipated to guide the Forum’s efforts to address new challenges and expand its reach through affiliations with international financial bodies.
In a statement, Gupta expressed his excitement about the role, emphasising his commitment to enhancing the visibility of Indian broking firms on the global stage and continuing the Forum’s efforts to foster transparency, innovation, and growth in the Indian financial markets.
The BBF remains a crucial voice in the securities industry, with a long-standing history of advocating for the interests of brokers, while also promoting sound regulatory practices and financial literacy. Gupta’s leadership is expected to further advance these goals as the Forum navigates the changing landscape of India’s financial markets.
