The new SEBI chairperson, Tuhin Kanta Pandey, arrived at the market regulator's Mumbai headquarters on Saturday and underlined his vision while speaking to the media. He sketched out four focal points: trust, transparency, teamwork, and technology.
On his first visit to the regulator post appointment as the chairperson, Pandey said that trust is the most important thing and SEBI holds the trust of India's population, the Parliament, the government, the investors and industry stakeholders.
When asked about how Pandey's leadership would be different from the previous Chairperson Madhabi Puri Buch, who came from a private background, he said that he will not be commenting on anything, anyone, or any style.
He further mentioned that the regulator works in a team and since it is a stakeholder institution, he will continue to work collectively with the team to contribute to its further growth.
Pandey, who was serving as the finance and revenue secretary, was late on Thursday named as the next chief of SEBI for a three-year term.
A 1987-batch IAS officer of Odisha cadre, Pandey has held several key positions in the government. He has served as the secretary of Department of Investment and Public Asset Management, Department of Public Enterprises and the Department of Personnel and Training. He oversaw critical reforms, including the privatisation of Air India and the public listing of Life Insurance Corporation of India.
On the academic front, Pandey holds a Master's degree in Economics from the Panjab University in Chandigarh and also an MBA from the University of Birmingham.
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