New Delhi:
The Finance Ministry has started searching for the new chairman of SEBI (SEBI) of the Indian Securities and Exchange Board. The reason for this is to end the term of the current regulator Madhabi Puri Buch on February 28. The Finance Ministry on Monday invited applications from eligible candidates for appointment to the post of security market regulator in the add titled ‘Filling Up The Post of Chairman in Security and Exchange Board of India’ in the newspaper.
How much will the new SEBI chairman be salary?
The advertisement said that the appointment will be done for a maximum period of five years from the date of taking charge or for the age of the person appointed to 65 years, whichever is earlier. Or there will be an option to get a consolidated salary of Rs 5,62,500 per month without home and car.
17 February last date for submission of application
The Finance Ministry has fixed the last date for submission of applications for the candidates on 17 February. This time the selection process has been started only one month before the end of the tenure of the current head, while the last time it was started four months ago.
The first woman to lead Madhabi Puri Buch Securities Market
Madhabi Puri Buch was appointed as SEBI chief till 28 February for a period of three years in March 2022. She was the first woman to lead the Securities Market. Before being appointed as SEBI chief, Buch was a regular member of the SEBI board. Buch has replaced former IAS officer Ajay Tyagi, whose tenure as SEBI chief ended after two years of expansion. Tyagi served in major positions in the Ministry of Finance.
Career started from ICICI Bank
She was the first person to lead SEBI from the private sector. His career started from ICICI Bank in 1989. Between 1993 and 1995, Buch worked as a lecturer at West Cheshire College, England. Buch worked in various profiles including sales, marketing and product development in various companies for 12 years.
In 2006, she joined ICICI Securities and later was the CEO of the company from February 2009 to May 2011.
After this, Buch moved to Singapore in 2011 to join Greater Pacific Capital. Between 2011 and 2017, he has worked as the Executive Director of many companies like Jensor Technologies, Innoven Capital and Max Healthcare.
(Tagstotranslate) Sebi Chief (T) Sebi Recruitment (T) Government Job (T) Sebi Chief Salary (T) Sebi New Chairman (T) Sebi Application Process (T) Sebi Job Notification EF Selection process
