SEBI: Two new whole-time
members appointed
Mumbai: The Union Cabinet has announced the appointment
of G. Anantharaman and Madhukar as whole-time members
of the Securities and Exchange Board of India (SEBI).
Anantharaman recently retired as the Chief Commissioner
of Income-Tax and was earlier the Director-General of
Investigations of the I-T Department. Madhukar was the
Chairman of United Bank of India.
Their appointments as whole-time members will hold till
they attain the age of 62 or until further orders. The
portfolios to be handled by these new members of the SEBI
Board have not yet been allocated. They are expected to
take charge from Wednesday.
The SEBI Board did not have any whole-time members other
than the Chairman, as A.K. Batra resigned this week. T.M.
Nagarajan, the other whole-time member, had retired earlier
this year.
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