Madhabi Puri Buch Biography, Wikipedia, Age, Education, Husband, Salary | Who is New Chief Of SEBI Madhabi Puri Buch? Bio, Wiki: Madhabi Puri Buch is a well-known personality and people have been searching about her. Some want to know about her personal life like her family, her net worth, age, income, and some want to know about her professional life as well. We have come out with all the information about Madhabi Puri Buch so keep reading to know about her in detail.
Who is Madhabi Puri Buch?
Madhabi Puri Buch is a graduate of St Stephen’s College and an MBA from IIM Ahmedabad, Buch started her 20-year stint in ICICI Bank as a project finance analyst and went on to become the executive director—part of the fab six led by the then chief executive K.V. Kamath. In 2011, Buch quit as the managing director and chief executive of ICICI Securities to hand over the reins to Anup Bagchi.
Madhabi Puri Buch, the first woman to be appointed as the chairperson of the Securities and Exchange Board of India (Sebi), is well acquainted with the workings of both the public and the private sectors.
Madhabi Puri Buch Biography, Wikipedia
Puri Buch has more than three decades of experience in the financial sector. An alumna of Delh’s St Stephen’s College and IIM Ahmedabad, she joined ICICI Bank as a Project Finance Analyst in 1989 and was there until 1992.
In 2011, Buch quit as the managing director and chief executive of ICICI Securities to hand over the reins to Anup Bagchi.
For her next assignment, she moved to Singapore as the business development head of private equity firm Greater Pacific Capital LLP, and later served as a consultant to New Development Bank in Shanghai. She is also the founder-director of Singapore-based Agora Advisory Pvt. Ltd.
She joined Sebi as a whole-time member in April 2017 and demitted office in October. She headed the divisions for collective investment schemes surveillance and investment management, which include mutual funds and alternative investment funds.
Industry veterans say Buch is progressive, not always sticking to the required regulatory processes and was instrumental in ensuring a consultative approach by the regulator on key policy reforms.
“Her interactions with the industry often gave the impression that the regulator is listening even while imposing stringent regulations,” said a chief executive of a financial services firm.
She also served as the non-executive director at Zensar Technologies, InnoVen Capital India Pvt. Ltd, Idea Cellular Ltd, Max Healthcare and Gabelhorn Investments Pte. Ltd.
Madhabi Puri Buch Appointed As The New Chief Of SEBI
On Tuesday, Madhabi Puri Buch took over as the new chairperson of the Securities and Exchange Board of India, which regulates India’s $3.3 trillion stock market ecosystem. She has been appointed for an initial period of three years by the government and replaces Ajay Tyagi, whose five year term ended on Monday.
She joins at a time when the markets are volatile due to the Russia-Ukraine conflict and India’s largest-ever Initial Public Offering by Life Insurance Corporation of India is about to be launched.
She brings many firsts to Sebi. Buch is the first woman to head India’s stock market regulator. And at 56, she is the youngest chairperson. She is also the first non-IAS individual since 2002 as well as the first person from the private sector to lead the markets watchdog.
The ICICI Bank veteran has an advantage over her predecessors in understanding the pulse of the markets as she has spent a bulk of her time in the private sector. And her four-year stint as whole-time member in charge of the funds divisions and surveillance ensures she knows the markets regulator’s priorities.
Madhabi Puri Buch Career, Achivements
Madhabi Puri Buch is also the founder of Agora Advisory, a consulting and incubation firm. As a Sebi Whole-Time Director, she was part of many committees and handled the Market Regulation Department, Integrated Surveillance Department, Department of Economic & Policy Analysis, the National Institute of Securities Markets and IT Department among others.
After the five-year term ended in October 2021, she was named the head of Sebi’s secondary market committee in December.
During her previous stint at the regulator, she tried to inculcate a culture among her junior staffers to extensively use modern technology and data. In fact, she headed a technology panel that explored solutions for early detection of market anomalies. She had once said that turning Sebi into a tech savvy regulator was her single biggest achievement.
Buch is known for her data-driven approach to decision making. She was instrumental in bringing important changes to mutual fund regulations that benefited investors. These include a further reduction in the cost of investing, scheme classification and disclosures and introducing more safeguards for debt schemes.
Madhabi Puri Buch Educational Qualifications
- Fort Convent, Mumbai (1971-1976)
- Convent of Jesus and Mary, Delhi, High School (1976 – 1983)
- St. Stephen’s College, Delhi Bachelor’s Degree (1983 – 1986)
- Indian Institute of Management Ahmedabad Master of Business Administration (M.B.A.), ( PGDM ) (1986 – 1988)
- Harvard Business School : Program on Building Competitive Advantage Through Operations (August 2002)
- Stanford Business School :Executive Program in Strategy & Organisation (August 2000)
- University of Michigan Business School : Management of Managers Program
Honors & awards
Most Powerful Women in Business – Issued by Business Today, India
Madhabi Puri Buch FAQ’s
Who is Madhabi Puri Buch?
Madhabi Puri Buch is a graduate of St Stephen’s College and an MBA from IIM Ahmedabad, Buch started her 20-year stint in ICICI Bank as a project finance analyst and went on to become the executive director—part of the fab six led by the then chief executive K.V. Kamath.
What is Madhabi Puri Buch’s Age?
Madhabi Puri Buch’s Age is 56 years as of 2022.
What are Madhabi Puri Buch’s Educational Qualifications?
What is Madhabi Puri Buch’s net worth?
Madhabi Puri Buch’s net worth is unknown.