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Tuhin Kanta Pandey Appointed SEBI Chairman

  • Tuhin Kanta Pandey, Finance Secretary, has been appointed as the new chairman of SEBI for a three-year term.
  • He succeeds Madhabi Puri Buch, SEBI's first woman chairperson, whose term ends on February 28, 2025.
  • Pandey, a 1987 batch IAS officer, has held key roles in both the Odisha state government and the central government.
  • His notable achievements include the privatisation of Air India and drafting the new Income Tax Bill.
  • Pandey's appointment comes at a challenging time with significant foreign investor withdrawals affecting the Indian stock market.

Source: Hindustan Times, The Economic Times, Business News India

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8mo ago
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