Tuhin Kanta Pandey, who is currently the Finance and Revenue Secretary, has been appointed as the new Chairperson of the Securities and Exchange Board of India (SEBI). He will serve in this position for three years, replacing Madhabi Puri Buch, whose term ends on February 28, 2025.

Pandey is an experienced officer from the 1987 batch of the Indian Administrative Service (IAS) and belongs to the Odisha cadre. Before becoming the Revenue Secretary in January 2025, he played a crucial role as the Secretary of the Department of Investment and Public Asset Management (DIPAM).

During his time at DIPAM, Pandey was responsible for some major financial decisions in India. He successfully handled the long-pending sale of Air India, helping the government transfer the national carrier back to private ownership.

He also played a key role in the listing of the Life Insurance Corporation of India (LIC) on the stock market, one of the biggest public offerings in India's history.

With his vast experience in financial management and government policies, Pandey’s appointment as SEBI chief is expected to bring significant changes to India's financial regulatory system. SEBI is responsible for overseeing the stock market, protecting investor interests, and ensuring fair trading practices.

His leadership is likely to focus on strengthening financial markets, improving transparency, and encouraging investor confidence in India's growing economy.