The Prime Minister Narendra Modi-led government has appointed Finance Secretary Tuhin Kanta Pandey as the new Chairman of the Securities and Exchange Board of India (SEBI) for a term of three years. Pandey will succeed Madhabi Puri Buch, whose tenure as SEBI Chief ends on February 28.
All we know about Tuhin Kanta Pandey
Tuhin Kanta Pandey is a 1987-batch officer from the Odisha cadre, known for his extensive role in the Modi 3.0 government, where he manages multiple key departments.
Pandey’s career in the government has seen him oversee four crucial departments. He initially served as the Secretary of the Department of Investment & Public Asset Management (DIPAM), following the retirement of Ali Raza Rizvi, he was also given additional responsibilities as Secretary of the Department of Public Enterprises (DPE). Later, he was appointed Finance Secretary in the Ministry of Finance (MOF). Pandey was also assigned the role of Secretary of the Department of Personnel & Training (DoPT) after Vivek Joshi moved to his home state. This wide range of responsibilities has made him one of the busiest secretaries in the Modi administration.
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Hailing from Odisha, Pandey has had a long tenure as the Secretary of DIPAM, previously known as the Department of Disinvestment under former Prime Minister Atal Bihari Vajpayee. He is particularly noted for his role in the privatization of Air India, Neelachal Ispat, and the Initial Public Offering (IPO) of LIC. In 2021, he also briefly served as Secretary in the Ministry of Civil Aviation, where he played a significant role in overseeing the successful sale of the struggling national carrier, Air India, to the Tata Group.
Pandey holds a master’s degree in Economics and English from Panjab University, as well as an MBA from the University of Birmingham.
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