Madhabi Puri Buch turns into Sebi’s first lady chief 

By PTI

NEW DELHI: Sebi’s first lady chief Madhabi Puri Buch has held a variety of high positions within the personal sector, together with at ICICI Bank, and was additionally among the many company leaders who had been holed up in a Mumbai lodge on the fateful evening of November 26 in 2008 when terror struck the nation’s monetary capital.

Buch, who’s round 56 years outdated, will probably be on the helm of the capital markets watchdog initially for a interval of three years.

After her five-year time period as a Whole Time Member of Sebi resulted in October 2021, she was named as the pinnacle of the regulator’s secondary market committee in December the identical yr.

The panel advises Sebi on issues associated to secondary market, together with suggesting steps to enhance market security, effectivity and transparency.

During her tenure at Sebi, she had additionally dealt with a number of portfolios and was a part of many committees.

She headed the advisory committee on market knowledge that recommends coverage measures pertaining to areas like securities market knowledge entry and privateness.

Buch has labored with the personal sector for twenty years, together with with ICICI Group for over 17 years, and was a part of ICICI Bank, ICICI Securities, ICICI Web Trade Ltd and ICICI HFC Ltd.

And she was among the many company leaders who had been holed up in a Mumbai lodge in the course of the terror assault in November 2008.

Buch, who was then Executive Director at ICICI Bank, was on the lodge alongside together with her husband Dhaval Buch, then a director at Hindustan Unilever Ltd, because the FMCG big’s high administration staff was huddled in a board assembly there.

An alumna of IIM Ahmedabad, Buch would be the first lady to go the Securities and Exchange Board of India (Sebi).

She served at ICICI Bank for 12 years in numerous positions and was the Executive Director throughout 2006-2009 interval.

She was the Head of Marketing and Sales for 5 years from 1997 to 2002, and was the Head of Product Development from 2002 to 2003.

Later, she was the Head of Operations from 2004 to 2006.

Also, Buch served because the Head of Brand Marketing from 1997 to 2009.

In 2009, Buch grew to become the Chief Executive Officer of ICICI Securities and headed the agency for 2 years until 2011.

Later, she was the Head of Business Development at Greater Pacific Capital, Singapore from 2011 to 2013, and a Non-Executive Director at Idea Cellular from 2011 to 2017.

Besides, she has held non-executive director roles in a number of organisations, together with Max Healthcare, Zansar Technologies, Innoven Capital, and Gabelhorn Investments.

She replaces Ajay Tyagi whose five-year tenure ends on Monday.