Buch, the first woman and private-sector executive to lead Sebi, implemented major market reforms, such as restrictions on retail derivatives trading and enhanced regulation of brokers.

The government has appointed Tuhin Kanta Pandey as the 11th chairman of the Securities and Exchange Board of India (Sebi), succeeding Madhabi Puri Buch. Buch’s tenure as Sebi chief is set to conclude on 1 March. The Appointments Committee of the Cabinet (ACC) has approved Pandey’s appointment for a three-year term.

The government on Thursday (February 27, 2025) appointed Finance and Revenue Secretary Tuhin Kanta Pandey as the new chairman of the Securities and Exchange Board of India (SEBI). Mr. Pandey replaces Madhabi Puri Buch, who completes her three-year tenure on Friday (February 28, 2025).

Tuhin Kanta Pandey, who is currently the finance secretary and secretary in the Department of Revenue, has been appointed as the new chairperson of Securities

New Delhi late on Thursday appointed Tuhin Kanta Pandey, the top bureaucrat in its Finance Ministry, to head the Securities and Exchange Board of India. He replaces Madhabi Puri Buch, whose time in charge of the regulator has been marked by controversy, and also what some market watchers deem as excessive regulation.

Madhabi Puri Buch, India's first woman Sebi Chief, faced controversy and allegations, completing her tenure on February 28, 2025.

Tuhin Kanta Pandey, a veteran IAS officer from the 1987 batch, is set to take the helm as the 11th chairman of the Securities and Exchange Board of India (SEBI) on March 1.

Seasoned bureaucrat Tuhin Kanta Pandey appointed as SEBI chairperson, replacing Madhabi Puri Buch. Pandey known for his experience in disinvestment and privatisation programs.

The Indian government on Thursday appointed Finance Secretary Tuhin Kanta Pandey as chief of the country's market regulator, replacing Madhabi Puri Buch, whose terms ends this month. Pandey has been appointed chairman of the Securities and Exchange Board of India (SEBI) for three years,