By Krishika Dinesh Rathod
Financial Secretary Tuhin Kanta Pandey has been elected as the next chairman of the Securities and Exchange Board of India (SEBI) for three years after confirmation from the Cabinet Committee.
The selection of cabinet has approved the appointment of Shri Tuhin Kanta Pandey, IAS (or: 1987), Finance Secretary and Secretary, Revenue Department. According to the report, SEBI President Madibi Puri Buch will resign on March 1. She was the first woman to lead the regulator to take over on March 2, 2022. Before him, Ajay Tyagi continued the six annual periods of employment to the UK Sinha from March 2017 to February 2022 and the long-term management of SEBI.
Who is Tin Kanta Pandey, who is the next SEBI president who follows Madbi Puri Buch?
Previously, he worked as a secretary for the Public Enterprise Department (DPE), the Personnel and Training Department, and the Investment and Public Assets Management Department. The Ministry of Finance inspected both DIPM and DPE.
Before becoming a financial secretary in India in September 2024, Tuhin Pandey held major positions in many areas. In January 2025, he started service as secretary, the Ministry of Finance, revenue department.
During his period as a financial secretary, Tuhin Kanta Pandey largely affected India’s fiscal and economic policies. He advised the Minister of Finance on important political issues, supervised the operation of the Ministry, and represented it to the Public Accounting Committee for Parliament.
Pandey has an MA in economics from Punjab University in Chandigarh and MBA from the UK. He has served in large administrative positions in both Odisha State and central governments.
His appointment for SEBI comes at an important time when the regulatory body focuses on corporate administration, and investor protection and strengthens Market reforms. With its widespread experience in finance and governance, Pandey is expected to bring a strong leadership and political direction to SEBI ensuring the stability and development of India’s financial markets.