New SEBI chairperson
Madhabi Puri Buch has been appointed the new chairperson of market regulator SEBI. She is the first woman chairperson of the Securities and Exchange Board of India. Buch is the former head of ICICI Securities, also has served in SEBI between 2017 and 2021 as a Whole Time Member.
She will replace Ajay Tyagi as his term ends on February 28. The Finance Ministry had invited applications from eligible candidates in October 2021 for the post of SEBI Chairperson.
The candidates are shortlisted by the Financial Sector Regulatory Appointments Search Committee headed by Cabinet Committee. Financial Sector Regulatory Appointments Search committee recommends the name to the Appointments Committee of Cabinet.
