The government of India has appointed Tuhin Kanta Pandey as the new Chairperson of the Securities & Exchange Board of India (SEBI). Pandey, currently working as the Finance Secretary, will take over the role for a three-year term, succeeding Madhabi Puri Buch, who will also complete three years of tenure as SEBI’s first woman chairperson on February 28, 2025.
Pandey will assume the role of the market regulator when the Indian stock market faces bearish pressure due to ongoing withdrawals by foreign institutional investors (FIIs). Foreign Portfolio Investors have withdrawn more than ₹1 lakh crore since January 2025.
Madhabi, being in her role, has made several regulatory changes. Her tenure has been marked by key initiatives to strengthen market integrity and boost investors’ confidence. Her term has seen SEBI take decisive steps in exchanging corporate governance, focusing on market transparency, and safeguarding investors’ interests.
Pandey, a 1987-batch IAS officer, is the Ministry of Finance handling the Department of Revenue. He was the longest-serving secretary in the Department of Investment and Public Asset Management (DIPAM), a department in the finance ministry, and the Department of Public Enterprises (DPE).
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As the chairperson of SEBI, Pandey will be responsible for overseeing the regulations of the securities market, ensuring adherence to rules, and maintaining investor protection standards.
His leadership is anticipated to bring a strategy to advance SEBI’s mission to ensure fair and efficient markets, especially amid the evolving financial landscape.
