Tuhin Kanta Pandey Appointed SEBI Chairman

• Tuhin Kanta Pandey, Finance Secretary, has been appointed as the new chairman of SEBI for a three-year term.
• He succeeds Madhabi Puri Buch, SEBI's first woman chairperson, whose term ends on February 28, 2025.
• Pandey, a 1987 batch IAS officer, has held key roles in both the Odisha state government and the central government.
• His notable achievements include the privatisation of Air India and drafting the new Income Tax Bill.
• Pandey's appointment comes at a challenging time with significant foreign investor withdrawals affecting the Indian stock market.

Source: Hindustan Times, The Economic Times, Business News India