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Madhabi Puri Buch

About Madhabi Puri Buch

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Who is Madhabi Puri Buch?

Madhabi Puri Buch is the first-female chairperson of India's markets regulator Securities and Exchange Board of India (Sebi) since March 1, 2022.
 
Madhabi, a former whole-time member (WTM) of Sebi, replaced Ajay Tyagi, whose five-year term came to an end. The IIM-Ahmedabad alumnus is the youngest Sebi chief and the first person from the private sector to head the securities market watchdog.

Puri Buch oversees key departments relating to regulation, supervision and surveillance and spearheads economic and policy analysis, investor assistance and education and information technology departments. 
 
The chief has direct supervision of the National Institute of Securities Markets (NISM). 
 
She is the founder-director of Agora Advisory Pvt Ltd, a consulting and incubation firm, and has also worked at the New Development Bank in China prior to her appointment as the Sebi chairperson.
 
Buch has three decades of financial market experience. She joined ICICI Bank in 1989 and worked as an investment banker, headed the country's leading broking outfit, held a senior position at a private equity major and had a brief stint with the New Development Bank, set up by the BRICS bloc of nations.
 
Education and career
 
Madhabi Puri Buch holds an MBA degree from the Indian Institute of Management (IIM) Ahmedabad and has a graduate degree in Mathematics from St Stephen's College, New Delhi.
 
She has served as the Consultant to the New Development Bank in Shanghai and as the Head of the Singapore office of the Private Equity Firm, Greater Pacific Capital. 
 
She also worked as the Managing Director (MD) and Chief Executive Officer (CEO) at ICICI Securities Limited and as the Executive Director, on the Board of ICICI bank.
 
She has also set up a small foundation that undertakes projects with grassroot NGOs. Buch has also served as a non-executive director on the Boards of various companies. Puri Buch has worked closely with Tyagi during her stint as WTM between April 05, 2017, and October 04, 2021. 
 
As Sebi’s WTM, she has handled key portfolios such as surveillance, mutual funds, and collective investment schemes.

Latest Updates on Madhabi Puri Buch

Taking a jibe at Prime Minister Narendra Modi's 'Ek hain to safe hain' slogan, Gandhi said as long as the prime minister and Adani are together, "they are safe" in India

Updated On: 21 Nov 2024 | 9:44 PM IST

Gandhi made the remarks in his post that accompanied a YouTube video, part of a series featuring him

Updated On: 15 Nov 2024 | 1:12 PM IST

In its report, Hindenburg Research alleged that Buch and her husband had stakes in obscure offshore funds used in the alleged money siphoning scandal involving the Adani Group

Updated On: 08 Nov 2024 | 6:51 PM IST

Nine out of the 10 listed companies of the ports-to-energy conglomerate saw market cap climb in three days of trade on the back of strong financial and operating results

Updated On: 30 Oct 2024 | 7:19 PM IST

Gandhi earlier posted a video on Instagram in which he is heard speaking to Khera on the phone and urging him to devise innovative ways of cautioning retail investors against "the space of risk"

Updated On: 27 Oct 2024 | 7:51 AM IST

Gandhi earlier posted a video of Instagram in which he is heard speaking to Khera on the phone and urging him to devise innovative ways of cautioning retail investors against "the space of risk"

Updated On: 26 Oct 2024 | 10:27 PM IST

Congress president Mallikarjun Kharge also accused the BJP-led Centre of using the Sebi chairperson as a "shield to hide its misdeeds"

Updated On: 24 Oct 2024 | 10:14 PM IST

The ruling National Democratic Alliance (NDA) members of the PAC challenged the postponement of the meeting

Updated On: 24 Oct 2024 | 11:14 PM IST

Madhabi Puri Buch and three to four senior Sebi officials are likely to be questioned by Parliament's Public Accounts Committee

Updated On: 24 Oct 2024 | 12:06 PM IST

Raghuram Rajan, who is ex RBI governor and currently a professor of finance at US-based Chicago Booth, said the argument against excluding food inflation is that you cannot affect it

Updated On: 02 Oct 2024 | 11:37 PM IST

Experts say board not empowered to take action in the matter

Updated On: 01 Oct 2024 | 11:22 PM IST

Board expected to informally address conflict of interest claims and employee grievances

Updated On: 30 Sep 2024 | 10:38 AM IST

Sebi board meeting today, Sept 30, will be the first meeting since allegations were pressed against Sebi Chairperson Madhabi Puri Buch by Hindenburg Research. Here's what to expect from the meeting

Updated On: 30 Sep 2024 | 9:57 AM IST

Madhabi Puri Buch calls for greater participation in voting on corporate resolutions; advocates healthier growth in the corporate bond market

Updated On: 26 Sep 2024 | 10:31 PM IST

Hindenburg Research had in its report alleged that Buch and her husband had stakes in obscure offshore funds used in the alleged Adani money siphoning scandal

Updated On: 22 Sep 2024 | 2:22 PM IST

Has the Supreme Court-mandated Sebi investigation into the Adani Group really been fair, impartial, and complete, Jairam Ramesh asked

Updated On: 17 Sep 2024 | 10:59 AM IST

Sebi on Monday retracted its statement that "external elements" were behind employee protests against its work culture. The regulator emphasised it will handle the issues internally

Updated On: 16 Sep 2024 | 1:49 PM IST

Fresh allegation that Buch traded in listed securities while holding a position in Sebi came a day after a detailed response from the Sebi chief and her husband

Updated On: 14 Sep 2024 | 3:13 PM IST

However, Buch did not attend. Instead, Pramod Rao, executive director of Sebi, delivered a speech focusing on green financing and the debt market

Updated On: 12 Sep 2024 | 7:27 PM IST

The Congress party levelled fresh allegations against Sebi chairperson Madhabi Buch and her husband, accusing her of 'wilful ignorance' when faced with a conflict of interest

Updated On: 12 Sep 2024 | 12:12 AM IST