Madhabi Puri Buch has taken charge as a Whole Time Member of SEBI (Securities and Exchange Board of India) and will look after key departments relating to regulation, supervision and surveillance.
Buch, had earlier taken up several senior-level positions in the private sector, including ICICI Bank, reported the Financial Express.
She was the first full-time women member of the board of the country’s capital markets regulator.
As per the new task allocation plan at SEBI, Buch’s portfolio would include Market Regulation Department, Integrated Surveillance Department and Department of Economic and Policy Analysis, for which she would be assisted by Executive Director S V Murali Dhar Rao.
She would also handle the Market Intermediaries Regulation and Supervision Department (MIRSD) along with Executive Director S Ravindran, while another ED S K Mohanty will help her in handling of the Office of Investor Assistance and Education (OIAE) and the Information Technology Department. She will have direct supervision of the National Institute of Securities Markets (NISM).
