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.

The government has appointed Finance Secretary Tuhin Kanta Pandey as the 11th chairman of the capital market regulator Securities and Exchange Board of India (SEBI). The Odisha-cadre IAS (Indian Administrative Service) officer would replace Madhabi Puri Buch,

Finance Secretary Tuhin Kanta Pandey has been appointed as the new chairman of the Securities and Exchange Board of India (SEBI) for a three-year term, after receiving approval from the Appointments Committee of the Cabinet.