Finance Secretary Pandey replaces Buch as SEBI chief

The Centre on Thursday appointed Finance Secretary Tuhin Kanta Pandey as chief of the market regulator, Securities and Exchange Board of India (SEBI), replacing Madhabi Puri Buch whose terms ends at the end of the month.

Pandey has been appointed as the SEBI Chairman for an initial tenure of three years, a government order showed. The government had invited applications for the position till February 17.