The government appointed current Finance Minister Tuhin Kanta Pandey as head of the market regulator on Thursday, replacing the terms of Madhabi Puri Buch ended at the end of the month.
Government orders show that Finance Minister Tuhin Kanta Pandey has been appointed Chairman of the Securities and Exchange Commission of India for three years.
“The Cabinet Appointment Committee has approved the appointment of Shri Tuhin Kanta Pandey (OR: 1987), Minister of Finance and Secretary, Department of Taxation (SEBI) for the post of Securities and Exchange Commission of India (SEBI), which was originally three years after three years from post orders or earlier orders until the order of the order, which predates the order.