Tuhin Kanta Pandey was appointed 11th President of Securities and Exchange Board of India (SEBI), replacing Madhabi Puri Buch. 3 -year -old Buch as a sebi chief ends on March 1, 2025.
The appointment by the cabinet’s appointment committee is initially for three years. Pandey, an officer of the 1987 Indian Administrative Service (IAS) of the Odisha executive, is currently finance secretary and secretary of the income department.
Pandey’s leadership arrives at a crucial time when Indian markets experience lower trends due to substantial withdrawal from foreign institutional investors (FII). Since January, more than 1 Lakh Core has been removed by foreign portfolio investors (FPI), creating a difficult environment for the new president of SEBI. Market analysts ensure that Pandey policies could stabilize the market and restore investor confidence. Its history in economics and public administration are considered a significant advantage.
Pandey has a notable assessment, having played a central role in the 2025-2026 budget which provided 1 crore of 1 lakh in tax alliance to the middle class. In addition, he contributed to the drafting of a new income tax invoice aimed at replacing the longtime law of the 1961 income tax.
His previous mandate as the oldest secretary in the department of investment and management of public assets (DIPAM) highlights his competence in the management of equity of the government in public sector companies, which makes him well suited to the role of SEBI.
During his stay in Dipam, Pandey played a decisive role in the privatization of Air India, which led the Tata group to acquire the airline. He also supervised privatization efforts for Idbi Bank, with a reasonable diligence in progress by tenderers. His strategic approach to disinvestment and privatization reflects his ability to manage complex financial restructuring, a competence that will be essential in his new position in SEBI.
Pandey holds a master’s degree in economics from the University of Punjab and an MBA from the University of Birmingham in the United Kingdom. His long career includes roles in state and central governments, providing him with a complete understanding of public finances and governance.
