India Bullion Exchange’s CEO has resigned, according to reports citing sources, dealing a setback to the exchange as it seeks to establish itself in India’s large gold market. Bloomberg reports that the head of India’s only dedicated bullion exchange has stepped down, highlighting that the four-year-old platform is still struggling to build traction. Business Line similarly reports the resignation and says the CEO is serving a three-month notice period that will end in November. The accounts do not provide details on the reasons for the resignation or identify a successor. The resignation is portrayed as a leadership disruption at a time when the exchange is working to attract wider participation and volume. Together, the sources indicate the timing of the departure through the notice period and frame the event as a challenge for the exchange’s ongoing efforts to grow. No additional information is provided in the excerpts on regulatory action, company statements, or changes to trading plans. The reports focus on the leadership change and its implications for the fledgling platform’s efforts to gain market momentum.