Ajay Tyagi has taken charge as the new Chairman of SEBI. He has succeeded UK Sinha.
Prior to this, Tyagi was Additional Secretary, Department of Economic Affairs, Ministry of Finance, Government of India, handling the portfolios of capital market division, investment division, infrastructure division and currency and coinage division.
Tyagi, an IAS Officer of Himachal Pradesh Cadre, has held several responsible positions with distinction in the state and central governments.
He did his graduation in electrical engineering and post-graduation in computer science. He also did his Masters in public administration from Harvard University.
Yesterday, Cafemutual had reported that Tyagi will not assume the office on March 1 based on the PTI report published on Financial Express newspaper. We regret the inconvenience caused.