Madhabi Puri Buch took charge as a whole time member of SEBI on April 5, 2017 for a tenure of three years, SEBI said.
Madhabi will oversee the departments related to market intermediary regulation, which includes RIAs, supervision and integrated surveillance among other things. In addition, she will look after the investor assistance and information technology of SEBI. She will also manage National Institute of Securities Market (NISM), SEBI’s education initiative.
Prior to this, Buch was serving as a consultant to the New Development Bank, Shanghai. Having held various senior-level positions in the private sector in the past, she is the first whole time woman member of the board. She has also worked with ICICI Securities as the MD and CEO.
Buch is an alumnus of the prestigious Indian Institute of Management (IIM), Ahmedabad and is a mathematics graduate from St. Stephen's College, New Delhi.
Besides Madhabi, Sebi's board has three whole-time members - Chairman Ajay Tyagi, G Mahalingam and S Raman.