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Govt extends appointment of Madhabi Puri Buch as a WTM of SEBI

With this notification, the sole female member of the board will stay on till October 4.

, ET Bureau|
Last Updated: Apr 03, 2020, 06.22 PM IST
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ET Online
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Buch was not only the first woman to be appointed as a WTM of SEBI but also the first person from the private sector to do so.
The government has extended the appointment of Madhabi Puri Buch as a whole time member (WTM) of the Securities and Exchange Board of India (SEBI) by a period of six months on Friday.

With this notification, the sole female member of the board will stay on till October 4.

Buch was not only the first woman to be appointed as a WTM of SEBI but also the first person from the private sector to do so.

Prior to her appointment for a period of three years in April 2017, all the appointed members and chairman at SEBI were only men from the public sector, Reserve Bank of India (RBI) or the Indian Administrative Service (IAS).

Her responsibilities at the regulator included handling a range of departments from market and market intermediaries regulation to integrated surveillance and economic and policy analysis.

Before joining SEBI, Buch served as consultant to the New Development Bank in Shanghai and also headed the Singapore office of the private equity firm, Greater Pacific Capital.

With a management degree from the Indian Institute of Management (IIM) Ahmedabad, Buch’s career spans over 20 years in the private sector, including a position as MD and CEO of ICICI Securities Ltd.

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