Madhabi Puri Buch got appointed as the first woman SEBI Chairman:
Madhabi Puri Buch, the Former ICICI Banker, got appointed as the Securities and Exchange Board of India (SEBI) chairman. She will replace Mr Ajay Tyagi as the New SEBI Chairman. The most notable thing to take note of is that She is the very first woman and Non-IAS to head the SEBI. She has over three decades of experience in the financial markets and was SEBI whole-time member (WTM) between April 5, 2017, and October 4, 2021. During her tenure at SEBI, she handled portfolios such as surveillance, collective investment schemes and investment management.
About Madhabi Puri Buch:
Madhabi Puri is an alumna of the Indian Institute of Management (IIM), Ahmedabad. After her MBA she joined ICICI Bank. Where she deals in corporate finance, branding, treasury and loans, before moving to ICICI Securities. In addition to this, She was also a consultant to the New Development Bank(NDB), set up by the BRICS.
SPECIAL NOTES FOR ASPIRANTS:
- New Development Bank was formed in 2014.
- NDB HQ- Shanghai, China
- SEBI was formed in 1988 and become a statutory body in 1992 after the SEBI Act of 1992.
- SEBI HQ- Mumbai
- SEBI regulate the Securities and Commodities market of India.
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