Tuhin Kanta Pandey Appointed as SEBI Chairman for Three-Year Term
The former finance secretary succeeds Madhabi Puri Buch, SEBI's first female chairperson, as her tenure concludes.
- Tuhin Kanta Pandey, a 1987 batch IAS officer from the Odisha cadre, has been appointed as the 11th chairman of the Securities and Exchange Board of India (SEBI).
- Pandey's appointment, approved by the Appointments Committee of the Cabinet, is for an initial three-year term starting February 28, 2025.
- He replaces Madhabi Puri Buch, who made history as SEBI's first female chairperson and served a three-year term from March 2022 to February 2025.
- Pandey has extensive experience in public finance, economic policy, and privatisation, including leading the disinvestment of Air India and drafting the new Income Tax Bill.
- His tenure begins as SEBI navigates challenges in the capital markets, including significant withdrawals by foreign institutional investors in recent months.