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3 most striking orders issued by new SEBI chief Madhabi Buch

Buch, the first woman to head SEBI, was a whole-time director of its board till October 2021

Mumbai / February 28, 2022 / 04:02 PM IST

Madhabi Puri Buch, who on February 28 was appointed the chairperson of the Securities and Exchange Board of India, is known to be big on using data and tech for enhancing regulatory tech capabilities.

The first woman to head the market regulator, Buch was a whole-time director of SEBI’s board until October 2021, a position she held for almost four years.

A former banker and veteran of India’s capital market, Buch’s expertise lay in empowering companies through data. She was recently appointed by the regulator to head the newly-formed committee on enhancing SEBI’s tech capabilities.

Her appointment comes at a time when the regulator’s handling of corporate misgovernance at the National Stock Exchange is under scrutiny. Finance Minister Nirmala Sitharaman recently said the government was examining if SEBI took adequate action on the NSE issue.