SEBI Chairperson Madhabi Puri Buch has received considerable attention as a result of Hindenburg's allegations that the Buch couple abused their power.
Shubhra Goswamy | Aug 12, 2024 |
Who is SEBI Chairman Madhabi Puri Buch? Check Education, Net Worth and Career
SEBI chairperson Madhabi Puri Buch and her spouse are said to have abused their positions of authority by US short-seller Hindenburg Research. The Buch couple’s hidden offshore investments are connected to the Adani’s money siphoning crisis,’ according to documents leaked by whistleblower Heinrich Hindenburg.
According to a recent analysis by Hindenburg Research, Madhabi Puri Buch, who assumed control of SEBI, enacted new legislation specifically to help corporations like Blackstone Group, where Madhabi’s husband, Dhaval Buch, serves as an adviser.
Who is Madhabi Puri Buch?
Madhabi Puri Buch – Education
Madhabi Puri Buch – Career
Madhabi Puri Buch started her professional career with the ICICI Group, where she spent 17 years. She held positions as managing director and chief executive officer of ICICI Securities from February 2009 to May 2011 in addition to her twelve years as an executive director at ICICI Bank. She has also collaborated with ICICI’s Web Trade Ltd. and HFC Ltd. units.
She relocated to Singapore in 2011 to take the helm of Greater Pacific Capital LLP. After that, she established Agora Advisory Pvt Ltd and spent three years working in Shanghai for the New Development Bank.
Madhabi also served as a non-executive director at a number of significant companies, including Gabelhorn Investments, Max Healthcare, Zensar Technologies, Innoven Capital, and Idea Cellular (2011–2017).
On 1st March 2022, she was named SEBI’s Chairperson. The initial duration of her term was three years, although it may be extended to five years or until she became 65. The Financial Sector Regulatory Appointments Search Committee (FSRASC) oversaw the selection process for her appointment, which was made by the Appointments Committee of the Cabinet.
Interesting Fact About Madhabi Puri Buch
The following contains the answers to the frequently asked questions (FAQs) are mentioned below.
1. What is the qualification of Madhabi Puri Buch?
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3. What is the work of SEBI?
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