Tuhin Kanta Pandey has been appointed because the eleventh chairman of the Securities and Change Board of India (SEBI), changing Madhabi Puri Buch. Buch’s 3-year-term because the SEBI chief ends on March 1, 2025.
The appointment by the Appointments Committee of the Cupboard is initially for 3 years. Pandey, a 1987-batch Indian Administrative Service (IAS) officer from the Odisha cadre, is presently the Finance Secretary and Secretary of the Division of Income.
Pandey’s management comes at an important time when the Indian markets are experiencing bearish traits resulting from substantial international institutional investor (FII) withdrawals. Since January, over ₹1 lakh crore has been pulled out by international portfolio buyers (FPIs), making a difficult setting for the brand new SEBI chairman. Market analysts are carefully watching how Pandey’s insurance policies may stabilise the market and restore investor confidence. His background in economics and public administration is seen as a big benefit.
Pandey has a notable observe document, having performed a pivotal position within the 2025-26 Finances which offered ₹1 lakh crore in tax aid to the center class. Moreover, he contributed to drafting a brand new Revenue Tax Invoice geared toward changing the long-standing Revenue Tax Act of 1961.
His earlier tenure because the longest-serving Secretary within the Division of Funding and Public Asset Administration (DIPAM) highlights his proficiency in managing authorities fairness in public sector enterprises, making him well-suited for the SEBI position.
Throughout his time at DIPAM, Pandey was instrumental within the privatisation of Air India, resulting in the Tata group buying the airline. He additionally supervised the privatisation efforts for IDBI Financial institution, with ongoing due diligence by bidders. His strategic method to disinvestment and privatisation displays his potential to deal with complicated monetary restructurings, a ability that will probably be important in his new place at SEBI.
Pandey holds a Grasp of Arts in Economics from Punjab College and an MBA from the College of Birmingham, UK. His in depth profession consists of roles in each state and central governments, offering him with a complete understanding of public finance and governance.
