Govt invites application for SEBI chief post
2 months ago

Govt invites application for SEBI chief post

Live Mint  

New Delhi, Jan 27 The government on Monday invited applications for the post of Chairman of the Securities and Exchange Board of India. The current SEBI chairperson Madhavi Puri Buch's three-year term ends on February 28. In a public "The appointment shall be made for a maximum period of 5 years from the date of assumption of charge or till attaining the age of 65 years of the appointee, whichever is earlier," the ministry said. The chairperson will receive a pay equivalent to a secretary to the Government of India which is ₹5,62,500 per month, the The ministry also said that keeping in view the role and importance of SEBI as a regulator, the candidate should have "high integrity, eminence and reputation preferably above 50 years with more than 25 years of professional experience". The candidate is also required to have a "shown capacity in dealing with problems relating to securities markets, or has special knowledge or experience of law, finance, economics, accountancy' which in the opinion of the central government shall be useful to the board".

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