Who is Tuhin Kanta Pandey, the new SEBI Chief? All you need to know

Who is Tuhin Kanta Pandey?

Tuhin Kanta Pandey, the 1987 batch of IAS official of Odisha Cadre, has been appointed by the Cabinet Appointment Committee (ACC) as the 11th chairman of the Securities and Exchange Commission of India (SEBI). He will serve in a three-year term, replacing Madhabi Puri Buch, whose term will end on March 1, 2025.

With extensive experience in finance, investment and public asset management, Pandey’s leadership at SEBI is expected to bring significant reforms to India’s stock market regulatory framework.

Key details are clear at a glance, he is currently serving as the new director of SEBI

Tuhin Kanta Pandey has been appointed as the new chairman of SEBI for a term of three years. He inherited Madhabi Puri Buch and his term ends on February 28, 2025. This decision was formalized by the Cabinet Appointment Committee.

property

detail

Name

Tuhin Kanta Pandey

Batch processing and cadres

In 1987, Odisha Cadre

New location

Chairman Sebi

Duration of time

3 years

predecessor

Madhabi Puri Buch

Previous roles

Minister of Finance and Tax Secretary

New role as SEBI chief

As chairman of SEBI, Tuhin Kanta Pandey will be responsible for regulating the securities market, ensuring investors protect and promoting transparency in financial markets. Key areas of focus will include:

  • Strengthen market regulations: Strengthen compliance measures to prevent market fraud and internal transactions.
  • Improve investor confidence: Implement policies to protect investors and ensure fair trading practices.
  • Encourage digital transformation: Promote the adoption of fintech and strengthen digital governance in the stock market.
  • Overseeing IPO market growth: Ensure a strong regulatory framework for open companies.

The meaning of dating

Sanjay Malhotra will be appointed head of regulators for the second consecutive time after she was appointed governor of the Reserve Bank of India in December 2024.

What is the selection process for appointing a new SEBI chief?

The appointment of the SEBI chairman is supervised by the Financial Sector Supervision Appointment Search Committee (FSRASC). Several private sector candidates were considered, but the final decision was favorable to IAS officials.

Tuhin Kanta Pandey’s background

property

detail

Current role

Finance and Taxation Secretary (before SEBI appointment)

Batch processing and cadres

In 1987, Indian Administrative Services (Odisha Cadre)

Previous positions

Minister of the Department of Investment and Public Asset Management (DIPAM)

Education

Master of Economics, MBA

Key Contributions

LED AIR INDIA investment plays a vital role in tax reform ahead of the 2025 budget

Education

degree

mechanism

Master of Economics

University of Punjab

MBA (Financial and Strategy)

University of Birmingham, UK

Key Highlights of Tuhin Kanta Pandey Career

Tuhin Kanta Pandey was appointed the 11th SEBI head, formerly served as the Finance Minister of India and served as joint secretary, deputy secretary and regional collector. His important position in government plays a crucial role in economic decision-making and financial management.

His previous tasks include:

1. Financial and revenue leadership

Location

period

Key Contributions

Minister of Finance

September 2024 – Attendance

Oversee India’s fiscal policy, budget plan and economic growth strategy.

Income Secretary

Before the post of Minister of Finance

Trusteeship tax law, income collection and direct/indirect tax reform.

2. Key role in economic and investment policies

Location

department

Key Achievements

secretary

Department of Investment and Public Asset Management (DIPAM)

Played a key role in the privatization of key entities such as Air India and IDBI Bank.

secretary

Department of Public Enterprises (DPE)

Leading public sector reform and asset monetization plans.

secretary

I worked in the Ministry of Civil Aviation for some time in 2021.

Contributed to reform and policy enhancement in the aviation sector.

3. Executive and State Roles

Role

Location/Department

Responsibilities

District collector

Odisha Sambalpur

Manage regional management, development planning and governance.

Deputy Secretary

Ministry of Commerce

deal with trade and business policies.

Other roles

Health, Transportation and Commercial Taxation Department

Engaged in departmental reform and policy implementation.

Key contributions to the Indian financial sector

Tuhin Kanta Pandey played a role in shaping India’s financial policy and regulatory environment. His contributions include:

1. Union Budget 2025-26

  • It has made a great contribution to the budget plan, including tax benefits for the middle class in Rs 1 billion.

2. New income tax bill

  • Helped drafting of the new income tax bill to replace the existing income tax bill of 1961.

3. Privatisation and cancellation of investment plans

Tuhin Kanta Pandey oversees India’s most important privatization transactions:

  • Air India’s privatization: the sale of Air India to Tata Group marks a historical milestone in India’s investment and investment strategy.
  • IDBI Bank’s Privatization: Overseeing the ongoing privatization of IDBI Bank is a key measure to improve the efficiency of the financial sector.

List of Sebi Chairman [1988-2025]

s.no.

Name

term of office

background

1.

Tuhin Kanta Pandey

2025-2028

Minister of Finance, Tax Secretary, IAS Official

2.

Madhabi Puri Buch

2022-2025

Private sector (first from private enterprises)

3.

Ajay Tyagi

2017-2022

IAS Officials

4.

Singha, UK

2011-2017

IAS Officials

5.

CB Bhave

2008-2011

IAS Officials

6.

M Damodaran

2005-2008

IAS Officials

7.

Gn Bajpai

2002-2005

Former LIC Chairman

8.

Dr. Mehta

1995-2002

IAS Officials

9.

SS Nadkarni

1994-1995

IDBI

10.

GV Ramakrishna

1990-1994

IAS Officials

11.

SA Dave

1988-1990

IDBI

in conclusion

Tuhin Kanta Pandey has a strong background in economic policy, investment and governance, bringing extensive experience to his new role as Sebi Bie’s 11th Chairman. His leadership is expected to drive key reforms in India’s financial markets, thereby ensuring stability, growth and investor confidence.