Market regulator SEBI has made some internal changes. Nagendra Parakh, the CEO, will now handle the investigations that Anand Paywar handled earlier. S Ravindran was given the Corporate Finance Department, which was earlier headed by Amarjit Singh.

Barach had crossed over from the former commodity market regulator FMC, a permanent member (WTM). He is in the race to become the next WTM as there is a vacancy at SEBI. SK Mohanty, a Parakh rookie at FMC, has been WTM at SEBI for the past few years. Aside from Barach, Ravindran and Singh are also competing for the WTM position.

Just a few days ago, Madabe Puri Boch, SEBI WTM, retired with her tenure coming to an end. Another WTM G Mahalingam term will be ending soon.

Sources said SEBI Chairman Ajay Tyagi’s term ends in March next year, and he is likely to try to extend.

Currently, Singh is charged with departmental responsibility including market regulations, economic policy analysis and debt and hybrid securities. Baiwar will handle the market brokers, regulation, supervision, refund and refund departments.

Sujit Prasad, ED, has been awarded the Collective Investment Schemes and Investment Management Departments. V Sundaresan will take care of the integrated supervision and the commodity derivatives division. The Departments of Legal Affairs and Enforcement have been handed over to Babita Rayudu. GP Garg will take care of the Investor Help Desk, Education, Information Technology, and General Services.

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