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?

• The first woman to serve as chair of the Securities and Exchange Board of India (SEBI), Madhabi Puri Buch was born in 1966.
• Madhabi Puri Buch is wed to Dhawal Buch, and the two of them have a son called Abhay.

Madhabi Puri Buch – Education

• Madhabi Puri Buch finished her elementary education at the Convent of Jesus and Mary in Delhi and Fort Convent School in Mumbai.
• She finished her mathematics undergraduate degree from Delhi University’s St. Stephen’s College. She continued on to the Indian Institute of Management (IIM) Ahmedabad to finish her MBA degree.

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

• Madhabi Puri Buch became the first female chairperson of the Securities and Exchange Board of India (SEBI) on March 1, 2022.
• The individual in question was appointed as the youngest head of SEBI in history.
• Private Sector Experience: She has held a number of prominent positions outside of government before becoming the first chairman of SEBI to come from the private sector.
• Previous Position at SEBI: She oversaw key divisions like Market Regulation, Investment Management, and IT as a whole-time member at SEBI prior to being appointed Chairperson.
• Global Experience: Buch has also held positions with multinational corporations and financial institutions, such as chief of the Greater Pacific Capital Singapore office and consultant for the New Development Bank in Shanghai.
• Executive Director of ICICI Securities and Managing Director of ICICI Bank, she also held the positions of ICICI Leadership.