Government Of India Issues Ad For SEBI Chief Post
The Government of India’s Department of Economic Affairs is seeking applications for the Chairperson position of the Securities and Exchange Board of India (SEBI), the nation’s capital markets regulator. The vacancy announcement, titled “Filling up the post of Chairman in Securities and Exchange Board of India,” invites qualified individuals to apply for the Mumbai-based position. The application deadline is February 17, 2025.
This recruitment drive comes as the current SEBI Chairperson, Madhabi Puri Buch’s, three-year term concludes on February 28, 2025. Ms. Buch, who was appointed in March 2022, holds the distinction of being the first woman to lead SEBI. However, her tenure has been marked by controversy in recent months, with allegations of conflict of interest arising from a report by Hindenburg Research, a US-based short seller, concerning alleged stock manipulation by the Adani Group.
Appointment Details and Eligibility
The successful candidate will be appointed for a maximum term of five years from their start date or until they reach the age of 65, whichever comes sooner. The chosen individual will have the option to receive a salary equivalent to that of a Secretary to the Government of India or a fixed monthly compensation of ₹5,62,500 without housing or car benefits.
For a detailed overview of the position’s requirements and eligibility criteria, interested candidates are encouraged to visit the Department of Economic Affairs website: https://www.dea.gov.in/vacancy-deputation-department-economic-affairs.
Application Process
Eligible candidates must submit their applications in the prescribed format along with certified copies of all necessary documents. Applications can be forwarded through the proper channels (if applicable) to the Department of Economic Affairs, Ministry of Finance, Room No. 71B, North Block, New Delhi-110001. Alternatively, applications can be submitted electronically to shekhar.80@gov.in and jasvinder.s@nic.in. The deadline for submissions is February 17, 2025. Applications received after the deadline or those incomplete will not be considered.
