Ananta Barua has taken charge as Whole Time Member, SEBI in Mumbai today for a period of three years, said a SEBI press release.
As Whole Time Member, Barua will handle the market intermediaries regulation, which includes RIAs among other things. He will also oversee legal affairs department, enquiries and adjudication department, supervision department, department of debt and hybrid securities, PQ cell, RTI cell and board cell.
Prior to this, Barua was Executive Director in SEBI.
Barua is a Commerce Graduate with LL.B from University of Delhi. He also holds Diploma in Management.
Barua was on deputation to Central Bank of Bahrain as legal adviser and has also worked with Industrial Finance Corporation of India (IFCI), National Fertilizers and DCM.
In another press release, SEBI said that Madhabi Puri Buch, whole time member, SEBI has taken the charge of investment division which includes mutual funds.
In addition, Madhabi will continue to head the departments related to information technology and integrated surveillance among other things.
G Mahalingam, whole time member, SEBI will oversee legal affairs, investor education and finance departments among others.
Similarly, SK Mohanty, whole time member, SEBI will oversee NISM, commodity derivative and international affairs.
With this, currently, Sebi's board has four whole-time members.