Meet the new SEBI Chief Madhabi Puri Buch who replaces Ajay Tyagi

Feb 28, 2022

By: Bhakti Makwana

New SEBI chief

Madhabi Puri Buch has been appointed as new Chairperson for Securities and Exchange Board of India (SEBI) for an initial period of three years.

Credit: BCCL

Madhabi Puri Buch replaces Ajay Tyagi

She has replaced Ajay Tyagi, a 1984 batch IAS officer of Himachal Pradesh cadre, who was made Sebi chairman on March 1, 2017.

Credit: BCCL

First woman Chief of SEBI

Madhabi Puri Buch is the first woman to helm the Indian stock market regulator and also the first person from the private sector to get into the SEBI board level.

Credit: BCCL

SEBI whole time member

In 2017, Buch was appointed as a new whole-time member of SEBI for a period of three years.

Credit: BCCL

SEBI Chairman history

So far, members and chairman at SEBI were mainly appointed from the public sector, the Reserve Bank of India (RBI) and Indian Administrative Services (IAS).

Credit: BCCL

Qualification

Buch has a management degree from the Indian Institute of Management (IIM), Ahmedabad and is a graduate in Mathematics from St. Stephen’s College, New Delhi.

Credit: IIM

Past experiences

She began her career with ICICI Bank and was with the ICICI Group for over 15 years. Later, she went on to become managing director (MD) and chief executive officer (CEO) at ICICI Securities from February 2009 to May 2011.

Credit: ICICI

Past experiences

In 2011, she joined London-based private equity firm Greater Pacific Capital in Singapore.

Credit: Greater-Pacific-Capital

Past experiences

Later in 2016, she served as consultant to the New Development Bank in Shanghai, China for a period of three years.

Credit: New-Development-Bank

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