Fri Feb 28 04:18:48 UTC 2025: ## Finance Secretary Tuhin Kanta Pandey Appointed New SEBI Chairman

**New Delhi, [Date]** – The Indian government announced the appointment of Tuhin Kanta Pandey as the new chairman of the Securities and Exchange Board of India (SEBI). Mr. Pandey, currently the Finance Secretary, will assume the role for a three-year term, replacing Madhabi Puri Buch whose tenure concludes this month.

Mr. Pandey brings extensive experience to the position, having served as Finance Secretary since September 2024 and previously as the longest-serving divestment secretary. In his previous roles, he oversaw the successful listing of Life Insurance Corporation of India (LIC) and the privatization of Air India, selling it to the Tata Group. He also focused on improving the performance and accountability of state-run companies. More recently, as Finance and Revenue Secretary from January 2025, he spearheaded efforts to reduce import duties on high-end motorcycles, signaling a shift away from protectionist policies.

Mr. Pandey’s appointment comes at a crucial time for SEBI, which is working to broaden the range of regulated investment options for investors while simultaneously tackling market volatility and fraudulent activities in the derivatives market. He holds master’s degrees in economics and business administration from Panjab University and the University of Birmingham, respectively.

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