Markets regulator SEBI has got a woman boss for the first time. From today, Madhavi Puri Buch is replacing Ajay Tyagi, the chairperson of SEBI. In the nearly 34-year history of SEBI, never had a woman been made its head. Butch’s term will be 3 years. Butch has been appointed in place of Ajay Tyagi, chairman of SEBI. Tyagi’s term ended on Monday. Let’s know who is Madhavi Puri Buch.
Know how much experience
Butch has extensive experience in the public and private financial world. She has been a whole-time member of SEBI. They will benefit greatly from this experience. She became a whole-time member of SEBI in April 2017. She remained in this position till October last year. During this he held many important responsibilities. These include the Division for Collective Investment Schemes Surveillance and Investment Management. This includes mutual funds and alternative investment funds.
where did the career start
The new chief of SEBI started his career with ICICI Bank. He had joined this bank as a Project Finance Analyst. After fulfilling many big responsibilities, she became the executive director of this bank. Then, she became the Managing Director and CEO of ICICI Securities. He resigned in 2011 after making it the largest company in the brokerage sector. She was part of the core team of KV Kamat, former CEO of ICICI Bank.
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work experience abroad
After resigning from ICICI Securities, Butch moved to Singapore. There she became the Head of Business Development for the private equity firm Greater Pacific Capital. Then, he also served as a consultant to the Shanghai-based New Development Bank. She is also the Founder-Director of Singapore-based Agora Advisory. She has been a non-executive director of several companies. These include Zensar Technology, Innoven Capital India, Idea Cellular, Max Healthcare.
MBA from IIM Ahmedabad
Butch graduated from St. Stephen’s, Delhi University’s prestigious college. Then he did his MBA from IIM Ahmedabad. After that he started his career with ICICI Bank. She was associated with this bank for about 20 years. He has vast experience of working in private sector. She is taking over as the Chief of Regulator of Capital and Commodity Markets at a time when SEBI is making several major changes for the investors. T+1 settlement is an example.
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