Madhabi Puri Buch appointed as the first woman chief of SEBI

Madhabi Puri Buch became the first female chairperson of the
Securities and Exchange Board of India (SEBI)

Madhabi Puri Buch became the first female chairperson of the Securities and Exchange Board of India (SEBI) on 28 February 2022 for an initial period of three years. She is a formal full-time member of SEBI.

Besides being the first woman to head the capital market regulator, Madhabi is also the first person from the private sector. She started her career with ICICI bank, where she went on to become MD and CEO at ICICI Securities from February 2009 to May 2011.

In December 2021, Madhabi was named the Head of the ‘Advisory Committee for Leveraging Regulatory and Technology Solutions (ALeRTS)’ at SEBI. The seven-member expert committee aimed to guide SEBI on ways to “enhance technological capabilities and explore appropriate technology solutions for early detection of market anomalies.”

Madhabi comes with over three decades of experience in the financial markets. She was SEBI WTM between April 5, 2017 and October 4, 2021, and handled portfolios, including surveillance, collective investment schemes, and investment management.

-Staff Reporter