New Delhi: The senior bureaucrat Tuhin Kanta Pandey (IAS) has been appointed as new the Chairman of Securities and Exchange Board of India (SEBI) on Thursday. The Appointments Committee of the Cabinet (ACC) has approved his appointment on Thursday.
Pandey, the top bureaucrat in the Finance Ministry, will replace Madhabi Puri Buch, whose term ends on Friday.
According to a DoPT order, Pandey has been appointed at the top most post of the market regulator, for three years, effective from the day he assumed charge.
Pandey is a 1987-batch Indian Administrative Service (IAS) officer of Odisha cadre. He has been serving as Finance Secretary since September 2024. Previously, he has held responsibilities for the Department of Investment and Public Asset Management (DIPAM) and the Department of Public Enterprises (DPE). With this appointment, he now oversees the Department of Revenue, a key portfolio in the Finance Ministry.
Pandey brings extensive administrative experience, having held critical positions in both the Union and Odisha Governments. At the Union level, he has served as Joint Secretary in the Planning Commission (now NITI Aayog), Joint Secretary in the Cabinet Secretariat, and Deputy Secretary in the Commerce Ministry.
In Odisha, his notable roles include serving as the administrative head of the Departments of Health, General Administration, Commercial Taxes, Transport, and Finance. Additionally, he has led Odisha State Finance Corporation as Executive Director and Odisha Small Industries Corporation as Managing Director.
His international exposure includes a tenure with the United Nations Industrial Development Organisation (UNIDO) in its Regional Office.
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