New Delhi: The Union Government has appointed Tuhin Kanta Pandey as Chairman, Securities and Exchange Board of India (SEBI)
“The Appointments Committee of the Cabinet has approved the appointment of Shri Tuhin Kanta Pandey, IAS (OR:1987), Finance Secretary and Secretary, Department of Revenue to the post of Chairman, Securities and Exchange Board of India (SEBI), initially for a period of three years from the date of assumption of charge of the post or until further orders, whichever is earlier,” a government order stated.
Notably, Shri Pandey will be replacing present SEBI Chairperson, Madhabi Puri Buch, who took charge in March 2022 and became the first-ever woman to head the Market Regulator Institution.
Previously, Shri Pandey, a 1987-batch Indian Administrative Service (IAS) officer of the Odisha cadre, held the charge of Secretary of Secretary, Department of Revenue(DoE), Ministry of Finance, Secretary Department of Investment & Public Asset Management (DIPAM), since 24.10.2019, Secretary Department of Public Enterprises (DPE) since 01.08.2024 and Secretary Department of Personnel and Training since 04.11.2024.
The DoE, DIPAM and DPE function under the Ministry of Finance. Before serving as Secretary in the DIPAM, Shri Pandey has held many significant positions in Union Government and State Government of Odisha, in addition to serving a stint in the Regional Office of the United Nations Industrial Development Organization (UNIDO).
In the Union Government his previous positions include Joint Secretary, Planning Commission (now NITI Aayog), Joint Secretary, Cabinet Secretariat and Deputy Secretary in Ministry of Commerce.
In State Govt. of Odisha, he served as administrative head in the Departments of Health, General Administration, Commercial Taxes, Transport and Finance. He also served as Executive Director of Odisha State Finance Corporation and Managing Director of Odisha Small Industries Corporation.
Shri Pandey holds a Masters in Economics from Panjab University, Chandigarh and an MBA from the University of Birmingham (UK)