Trust, transparency & technology important pillars: SEBI Chairman Tuhin Kanta Pandey
Tuhin Kanta Pandey took charge as Chairman of the Securities and Exchange Board of India (SEBI) on Saturday. Pandey was appointed as chief of the top helm of the country’s capital market regular this week. He replaced Madhabi Puri Buch, whose term ended in February.
Describing SEBI as a “very robust market institution built over the years” with successive leaderships, Pandey said: “We hold the trust of people, parliament, investors, industry and market. and trust is important… We have built a good instituton and we will put our own contribution to its growth.”
“Trust, transparency and technology are important pillars… We will continue to create the best market institutions,” said Pandey as he took office.
Pandey is an IAS Officer of Odisha Cadre belonging to 1987 batch.
Before joining SEBI, Pandey held many crucial bureaucratic positions. He served as Finance Secretary, Revenue Secretary, DIPAM Secretary, and DOP&T Secretary.
Pandey held many significant positions at the central and state governments, besides serving a stint in the Regional Office of the United Nations Industrial Development Organisation (UNIDO).
He served as erstwhile Planning Commission (now Niti Aayog), Cabinet Secretariat, and trade ministry.
In the Odisha government, he served as administrative head in the Departments of Finance, Health, General Administration, Commercial Taxes and Transport.
Over a period spanning more than three decades, Pandey has worn many hats given his vast experience in the areas of economy and finance, industrial development, tax policy and administration.
Kanta has also been instrumental in bringing about several institutional innovations, new policies and systems in the departments he has served.
Pandey holds a Masters Degree in Economics from Panjab University, Chandigarh.
He also holds a Masters of Business Administration degree from the University of Birmingham, United Kingdom.
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