Lawstreet Journal

All you need to know about Madhabi Puri Buch - the first woman Chairperson of the Securities and Exchange Board of India (SEBI).

Lawstreet Journal 2 Mar 2022 1:00am

Image courtesy: Lawstreet Journal Executive All you need to know about Madhabi Puri Buch - the first woman Chairperson of the Securities and Exchange Board of India (SEBI).

Madhabi Puri Buch joined ICICI Bank as a Project Finance Analyst in 1989 and rose through the ranks to become the private lender's Executive Director after a 20-year career.

Madhabi Puri Buch has been appointed  chairperson of the Securities and Exchange Board of India (SEBI) the regulatory body in charge of India's $3.3 trillion stock market ecosystem. She takes over from Ajay Tyagi, whose term as chairman of the SEBI ends  on February 28, 2022.

According to the government, her appointment was authorised by the Cabinet Appointments Committee, which is chaired by the Prime Minister, for a three-year [1] initial term. Because Tuesday is a market holiday, she is most likely to take over on Wednesday (March 2). [2]

Madhabi Puri Buch, will lead the securities market watchdog for the first time as the first woman and the first person from the private sector. She did, however, serve as a whole-time member (WTM) at SEBI  for more than four years, a position just below chairman. 

She will be the youngest SEBI  chief and an IIM-Ahmedabad graduate. Many expected Tyagi to be given an extension, thus her last-minute appointment caught the market off guard.

For five years, Ajay Tyagi, a 1984-batch IAS officer from the Himachal Pradesh cadre, served as chairman. Between April 5, 2017 and October 4, 2021, Madhabi Puri Buch served as a Whole Time Member and worked closely with Tyagi. She managed critical portfolios such as surveillance, mutual funds, and collective investment schemes as a SEBI Whole… Continue Reading...


Tagged: SEBI   Securities and Exchange Board of India (SEBI)  
Disclaimer: SoOLEGAL in Media collaboration with Lawstreet Journal. SoOLEGAL take no responsbility for the content provided by Lawstreet Journal. For any discrepancies Contact Lawstreet Journal.
Did you find this write up useful? YES 0 NO 0
Featured Members view all

×

C2RMTo Know More

Something Awesome Is In The Work

0

DAYS

0

HOURS

0

MINUTES

0

SECONDS

Sign-up and we will notify you of our launch.
We’ll also give some discount for your effort :)

* We won’t use your email for spam, just to notify you of our launch.
×

SAARTHTo Know More

Launching Soon : SAARTH, your complete client, case, practise & document management SAAS application with direct client chat feature.

If you want to know more give us a Call at :+91 98109 29455 or Mail info@soolegal.com