| Log in
Reuters Photo Credit: Reuters

Govt appoints Ajay Tyagi as SEBI chief

10 February, 2017

India has appointed senior finance ministry official Ajay Tyagi as the chairman of its capital markets regulator for a five-year term, the government said on Friday.

Tyagi, who is currently an additional secretary at Indian finance ministry’s economic affairs department, will succeed Upendra Kumar Sinha as the chairman of Securities and Exchange Board of India (SEBI). Sinha’s current term ends on March 1.

A member of the elite Indian Administrative Service, Tyagi, 58, has been in charge of capital markets at the department of economic affairs since 2014.

He takes the top job at SEBI a time when corporate governance issues are a priority in India.

With just over six years in office, Sinha is the second-longest serving chairman after D.R. Mehta, who held the position for seven years from 1995 to 2002.

Like this report? Sign up for our daily newsletter to get our top reports.


Leave Your Comment
Finance ministry official Ajay Tyagi takes over as SEBI chairman

Finance ministry official Ajay Tyagi takes over as SEBI chairman

Reuters 10 months ago
Finance ministry official Ajay Tyagi takes over as Securities and Exchange Board...
UK Sinha stays as SEBI chief

UK Sinha stays as SEBI chief

PTI 2 years ago
U K Sinha will remain Sebi Chairman till March 1, 2017 with the government...
NSE may file IPO papers again, says SEBI chief

NSE may file IPO papers again, says SEBI chief

Reuters 5 months ago
National Stock Exchange (NSE) may need to re-submit its application for an...
No Comments

Govt appoints Ajay Tyagi as SEBI chief

Powered by WordPress.com VIP