Government has appointed Kompella Venkata
Ramana Murthy as a Whole-Time Member of the Securities and Exchange Board of
India
¨ Government has appointed
Kompella Venkata Ramana Murthy as a Whole-Time Member of the Securities and
Exchange Board of India (SEBI).
¨
His tenure will last for
three years or until further orders are issued.
¨
With his induction, SEBI
now has a full set of four Whole-Time Members.
¨ The other Whole-Time
Members include Amarjeet Singh, Kamlesh Chandra Varshney, and Sandip Pradhan.
¨
Murthy is a retired
officer of the 1991 batch of the Indian Defence Accounts Service.
¨
Previously, he served as
the Additional Controller General of Defence Accounts under the Ministry of
Defence.
¨ SEBI was formed as a non-statutory body on April 12, 1988. It was set up through a resolution of the Government of India.
¨ It was set up as a statutory body in 1992. Tuhin Kanta Pandey is its current Chairperson.