India’s first woman Sebi Chief Madhabi Puri Buch, who faced conflict of interest allegations by the US-based short-seller Hindenburg and also political heat thereafter, would complete her three-year tenure later on Friday and will be succeeded by Finance Secretary Tuhin Kanta Pandey.

Madhabi Puri Buch will be serving her last day as the chairperson of the Securities Exchange Board of India on Friday, February 28. Buch served a three-year tenure from March 1, 2022 – February 28 2025. Finance Secretary Tuhin Kanta Panda has been appointed as the new chair of the market watchdog.

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Buch's tenure as the chief of the markets regulator was punctuated by 180 consultation papers, market reforms and some tough love for her staff.

Madhabi Puri Buch, India's first woman Sebi Chief, completes her 3-year tenure amidst controversies surrounding Hindenburg allegations and employee protests. Learn about her career and the key events that shaped her time as the market regulator.

Tuhin Kanta Pandey, a seasoned finance bureaucrat, will succeed Madhabi Puri Buch as SEBI chief, who will complete her three-year tenure as SEBI’s first woman chairperson on Friday, February 28, 2025.

Tuhin Kanta Pandey has been appointed as the 11th chairman of the Securities and Exchange Board of India (SEBI), replacing Madhabi Puri Buch. Buch's 3-year-term as the SEBI chief ends on March 1, 2025.

A seasoned bureaucrat, Pandey has held multiple key positions in various Government departments. He became the Finance Secretary in September 2024.

Tuhin Kanta Pandey takes over from outgoing SEBI chairperson Madhabi Puri Buch, whose term, which began on March 2, 2022, is set to conclude on Friday.

The Indian government on Thursday appointed present finance secretary Tuhin Kanta Pandey as the chief of the market regulator , replacing Madhabi Puri Buch whose terms ends at the end of the month. India’s Finance Secretary Tuhin Kanta Pandey has been appointed as the Chairman of Securities and Exchange Board of India for 3 years,

The government appointed Finance Secretary Tuhin Kanta Pandey as the new chairman of the Securities and Exchange Board of India (SEBI). Pandey will be at the helm of the markets regulator for an initial term of 3 years.