The Ministry of Finance has announced an opportunity for qualified professionals to apply for the position of Chairperson of the Securities and Exchange Board of India (SEBI), the country’s markets regulator. The move comes as the tenure of the current SEBI chief, Madhabi Puri Buch, approaches its end on February 28, 2025.
Position Details
The appointment will be for a maximum period of five years or until the appointee reaches the age of 65, whichever comes earlier. The selected candidate will have the option to choose between:
- Pay equivalent to a Secretary to the Government of India, or
- A consolidated salary of ₹5,62,500 per month, excluding provisions for house and car.
Application Deadline
Interested and eligible candidates must submit their applications by February 17, 2025.
Background of Current SEBI Chief
Madhabi Puri Buch, who became the SEBI Chairperson in March 2022, was the first woman to lead the regulator. She was appointed for a three-year term, which concludes on February 28, 2025.
About SEBI Chairperson Role
The SEBI Chairperson holds a key leadership position, overseeing the regulation and development of India’s securities market. Responsibilities include:
- Enforcing market regulations.
- Protecting investor interests.
- Promoting the development of the securities market.
How to Apply
Candidates must refer to the official government job advertisement or the Ministry of Finance’s website for detailed application procedures and eligibility criteria.
This is a significant opportunity for professionals to contribute to the growth and stability of India’s financial markets by leading one of the most critical regulatory bodies in the country.
