The Government of India has invited applications for the post of Chairman of the Securities and Exchange Board of India (SEBI), Mumbai. This comes as the current SEBI chairperson, Madhabi Puri Buch, prepares to conclude her term on February 28, 2025. Appointed in March 2022, she was the first woman to head SEBI and brought a strong focus on leveraging technology to enhance market supervision and investor protection during her tenure.
According to the official notification released by the Ministry of Finance, the appointment will be made for a maximum tenure of five years or until the appointee reaches 65 years of age, whichever is earlier. Eligible candidates may opt for a salary equivalent to a Secretary to the Government of India or a consolidated pay of Rs 5,62,500 per month, excluding house and car provisions.
Applicants must meet the eligibility conditions outlined on the Ministry’s website. The prescribed application form, along with the required documents, should be submitted to the Department of Economic Affairs at North Block, New Delhi, or via email to designated addresses on or before February 17, 2025. Incomplete applications or those submitted after the deadline will not be considered.
The SEBI chairman plays a crucial role in overseeing and regulating India’s securities markets. With Madhabi Puri Buch’s tenure marked by reforms to enhance transparency and governance, her successor will have the challenging task of building on these efforts to further strengthen investor confidence and market integrity.
