Blitz Bureau
MUMBAI: The new SEBI Chairperson Tuhin Kata Pandey has a fourpoint mantra in mind — trust, transparency, teamwork and technology– for ensuring the continued efficiency of the capital markets regulator. After taking charge at the Sebi headquarters at the Bandra Kurla Complex here, Pandey said, “Sebi is a very robust market institution. It has been built over the years with successive leadership and will continue with it,” reported IANS.
“We work for trust, we work for transparency, we work for teamwork, and we work for technology. We will continue to create one of the best market institutions in the world,” Pandey told journalists. Highlighting trust as “the most important thing,” Pandey said SEBI holds the trust of India’s population, the Parliament, the government, the investors and industry stakeholders.
Pandey, a 1987 batch IAS officer, brings with him a rich experience in handling the country’s economic policy and financial administration. He has just concluded his tenure as the Finance Secretary and Secretary of the Department of Revenue, which saw him playing a key role in the formation of the Union Budget and the drafting of the new Income Tax Bill.
Before this, he had held key positions in the Government, including Secretary of the Department of Investment and Public Asset Management (DIPAM) and Secretary of the Department of Public Enterprises (DPE). Pandey is one of the longest-serving secretaries in DIPAM, which is responsible for managing the Government’s stake in public sector enterprises. In these roles, Pandey played a major part in formulating disinvestment programmes and public sector management.
