The Indian government on Thursday appointed Finance Secretary Tuhin Kanta Pandey as chief of the country's market regulator, replacing Madhabi Puri Buch, whose terms ends this month.

SEBI chairperson Madhabi Puri Buch’s tenure ends on March 1. She took office on March 2, 2022, as the first woman to lead the regulator.

Finance secretary Tuhin Kanta Pandey will replace Madhabi Puri Buch as the next Securities and Exchange Board of India (Sebi) chairman, after the latter’s three-year term ends on February 28. The Appointments Committee of the Cabinet,