Ajay Tyagi appointed as SEBI Chairman
The Government has appointed Ajay Tyagi, an additional secretary in the finance ministry ,as chairman of the Securities and Exchange Board of India (SEBI)
Ajay Tyagi, a 1984 IAS batch of the Himachal Pradesh cadre, will serve as the SEBI chief for 4 years or until the age of 65, whichever is earlier.
He will be the 9th SEBI Chariman,, will take over from U.K. Sinha.
SEBI (Securities and Exchange Board of India) is a regulator body for the securities market in India which is established in the year 1988 and given statutory powers through SEBI Act in 1992. It headquarter is Mumbai , Maharashtra.