Ahead of mega LIC IPO, Sebi plans to ramp up senior-level hiring

India’s capital markets regulator has started a drive to recruit 120 senior executives as it beefs up headcount ahead of the initial share sale by Life Insurance Corp. of India, in what will be the nation’s biggest public issue. 

Securities and Exchange Board of India will be recruiting experienced officials across legal, information technology, research, general and official language departments over the next four months, the regulator said in a recruitment notice on its website Wednesday. Its overall headcount stands at about 850 now. 

The hirings follow SEBI processing a record number of applications for initial public offerings last year.