New Delhi: Tuhin Kanta Pandey took cost as the 11th chairman of the Securities and Exchange Board of India (Sebi) onSaturday A skilled politician, Pandey was formerly functioning as the Finance Secretary and was assigned by the federal government to lead the funding markets regulatory authority. His consultation, revealed on Thursday, notes a substantial action in Sebi’s management as he tackles this critical duty in looking after and managing India’s funding markets.
Tuhin Kanta Pandey replaces Madhabi Puri Buch, whose three-year period as Sebi chairman ended onFriday Buch, that is stated to be weak, was absent when Pandey came to the workplace. Dressed in a dark blue sports jacket and candy striped t-shirt, Pandey made his method to the Sebi head office in the Bandra Kurla Complex on Saturday mid-day to formally think his brand-new duty.//
All 4 Sebi whole-time participants, Ashwani Bhatia, Amarjeet Singh, Ananth Narayan and Kamlesh Varshney, invited Pandey at the Sebi head office. Pandey has actually been assigned Sebi chairman for 3 years. (With PTI Inputs)