The government on Thursday (February 27, 2025) appointed Finance and Revenue Secretary Tuhin Kanta Pandey as the new chairman of the Securities and Exchange Board of India (SEBI). Tuhin Kanta Pandey will serve as Sebi chief for three years, as per an order issued by the Appointments Committee of the Cabinet late Thursday.

“The Appointments Committee of the Cabinet has approved the appointment of Shri Tuhin Kanta Pandey, IAS (OR:1987), Finance Secretary and Secretary, Department of Revenue to the post of Chaiman, Securities and Exchange Board of India (SEBI), initially for a period of three years from the date of assumption of charge of the post or until further orders, whichever is earlier,” said the government order.

The government had invited applications for the position till February 17.

SEBI chairperson Madhabi Puri Buch’s tenure is slated to end on Friday (February 28). She took over as the first woman chief of the capital markets regulator on March 2, 2022.

Who is Tuhin Kanta Pandey?

Tuhin Kanta Pandey, an Odisha cadre IAS officer from the 1987 batch, holds an MBA from the University of Birmingham (UK) and a master's degree in economics from Punjab University in Chandigarh.

Throughout his nearly four-decade career, Pandey has held high positions in both the Union and Odisha state governments, including Deputy Secretary in the Center's Ministry of Commerce, Joint Secretary at the Planning Commission (now NITI Aayog), and Joint Secretary at the Cabinet Secretariat.

At the moment, Tuhin Kanta Pandey held the positions of Finance Secretary and Secretary, Department of Revenue, Ministry of Finance.  He served as the secretary of the Department of Public Enterprises (DPE), the Department of Investment & Public Asset Management (DIPAM), and the Department of Personnel and Training.