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Who was appointed as the new chairperson of SEBI in 2024?
Madhabi Puri Buch
Ajay Tyagi
U.K. Sinha
None of the above
Madhabi Puri Buch
Madhabi Puri Buch was appointed as the chairperson of the Securities and Exchange Board of India (SEBI) on 1 March 2022 for a three-year term.
Madhabi Puri Buch made history by becoming the first woman and the first person from the private sector to head SEBI, India's capital markets regulator. She succeeded Ajay Tyagi, whose extended tenure concluded at the end of February 2022. Bringing extensive experience from her tenure at ICICI Bank and ICICI Securities, her leadership focused on enhancing accountability, transparency, and structural overhauls within the regulatory framework.
SEBI was established on 12 April 1988 and given statutory powers on 30 January 1992 through the SEBI Act, 1992. Headquartered in Mumbai, Maharashtra, its primary function is to protect the interests of investors in securities and to promote the development of the securities market.
Madhabi Puri Buch took office as SEBI Chairperson on 1 March 2022.
She is the first-ever woman chairperson of SEBI.
She succeeded former chairperson Ajay Tyagi for a three-year tenure.
She later handed over charge to Tuhin Kanta Pandey in early 2025.
A is correct тАФ Madhabi Puri Buch was appointed as the chairperson of SEBI, making history as the first woman to lead the capital markets regulator.
Remember that Madhabi Puri Buch broke the glass ceiling as SEBI's first female and private-sector-origin chief, a frequent favorite for regulatory and banking exam questions.
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