The race to head the Securities and Exchange Board of India (Sebi) is hotting up once again as Chairman Ajay Tyagi’s tenure ends next month.
The Insolvency and Bankruptcy Board of India’s (IBBI’s) chief Madhusudan Sahoo and Sebi Whole-time Member (WTM) Madhabi Puri Buch are believed to be the top contenders to succeed Tyagi.
Apart from them, former corporate affairs secretary Injeti Srinivas and a few other officials of the finance and corporate affairs ministries are also learnt to be in the race, said people familiar with the developments. Text messages sent to Sahoo and Buch remained unanswered.
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