MUMBAI: The new SEBI Chairman, Tuhin Kanta Pandey, who was appointed on Thursday after being pulled out of North Block to head the Securities and Exchange Board of India (SEBI), faces a tough challenge ahead.

Tuhin Kanta Pandey takes over SEBI amid market slump, facing challenges of restoring investor trust and regulatory balance.

The government has appointed Tuhin Kanta Pandey as the 11th chairman of the Securities and Exchange Board of India (Sebi), succeeding Madhabi Puri Buch. Buch’s tenure as Sebi chief is set to conclude on 1 March. The Appointments Committee of the Cabinet (ACC) has approved Pandey’s appointment for a three-year term.

Who is Tuhin Kanta Pandey? Tuhin Kanta Pandey, a 1987-batch IAS officer from the Odisha cadre, has been appointed by the Appointments Committee of the Cabinet (ACC) as the 11th chairman of the Securities and Exchange Board of India (SEBI).

New Delhi late on Thursday appointed Tuhin Kanta Pandey, the top bureaucrat in its Finance Ministry, to head the Securities and Exchange Board of India. He replaces Madhabi Puri Buch, whose time in charge of the regulator has been marked by controversy, and also what some market watchers deem as excessive regulation.

Seasoned bureaucrat and a stickler for rules Finance Secretary Tuhin Kanta Pandey will be at the helm of capital market regulator, Securities and Exchange Board of India (SEBI), for three years.

Seasoned bureaucrat Tuhin Kanta Pandey appointed as SEBI chairperson, replacing Madhabi Puri Buch. Pandey known for his experience in disinvestment and privatisation programs.

Tuhin Kanta Pandey has been appointed the new chief of the Securities and Exchange Board of India (SEBI). Tuhin, who was the Finance Secretary, will have a term of three years and will replace the current SEBI Chief Madhabi Puri Buch,