NEWS&RESULTS

UK Sinha-New SEBI Chairman Announced
Tags: sebi, SEBI's New Chairman, UK Sinha
As pe sources by CNBC-TV18, SEBI’s new Chairman has been selected and UTI AMC’s UK Sinha is the SEBI chairman now. Now, CB Bhave will be replaced with UK Sinha. Finance ministry reluctant to offer extension for Mr. CB Bhave.

R. Bandopadhyay was also earlier in the race for the SEBI chairman. Mr. Bandopadyay is current secretary in the Ministry of Corporate Affairs.
Mr. GP Singhal who is the current Madhya Pradesh Finance Secretary was also in the race for the SEBI chairman.

There were few more names considered for the top post in SEBI. SBI’s OP Bhatt and RBI’s deputy governor KC Chakrabarty was also short listed for the SEBI Chairman post.

Mr. Bhatt himself withdrew from the race of the SEBI chairman.