New Delhi: The Government on Thursday designated Tuhin Kanta Pandey as the brand-new Chairman of the Securities and Exchange Board of India (SEBI). Pandey, a 1987-batch Indian Administrative Service (IAS) police officer from the Odisha staff, will certainly replace Madhabi Puri Buch, whose three-year period upright February 28.
The Finance Ministry had actually welcomed applications for the SEBI principal’s setting, with February 17 as the due date. Unlike Buch’s prompt precursors, Ajay Tyagi and U.K. Sinha, that were given extensive terms, Buch will certainly tip down at the end of her period.
Who is Tuhin Kanta Pandey?
Pandey brings years of experience in money and management. He holds a Master’s level in Economics from Panjab University, Chandigarh, and an MBA from the University of Birmingham (UK).
.
.
Before his consultation as SEBI Chairman, Pandey worked as the Secretary, Department of Revenue, Ministry of Finance, andFinance Secretary He has actually likewise headed numerous vital divisions, consisting of the Department of Investment & & Public Asset Management (DIPAM), Department of Public Enterprises (DPE), andDepartment ofPersonnel andTraining . .
His occupation consists of considerable functions in both the Union Government and Odisha State Government, in addition to a period at the United Nations Industrial Development Organisation (UNIDO). He formerly held settings such as Joint Secretary in the Planning Commission (currently NITI Aayog), Joint Secretary in the Cabinet Secretariat, and Deputy Secretary in the Ministry of Commerce.
At the state degree, Pandey worked as head of Odisha’s Health, Finance, Transport, and Commercial Taxes divisions. He likewise held management functions in Odisha State Finance Corporation and Odisha Small Industries Corporation.