Madhabi Puri Buch Appointed As SEBI Chairman. First Woman To Become SEBI Chairman

Financial Market Division of Ministry of Finance has issued Notification on 28th February 2022 which reads as under:

In exercise of the powers conferred by sub section (1)(a) and sub-section (4) of section 4 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), read with rule 3 of the Securities and Exchange Board of India (Terms and Conditions of Service of Chairman and Members) Rules, 1992, the Central Government hereby appoints Smt. Madhabi Puri Buch, Former Whole Time Member, Securities and Exchange Board of India as Chairman of the Securities and Exchange Board of India (SEBI), initially for a period of three years from the date of assumption of charge of the post, or until further orders, whichever is earlier.