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Government Appoints IRS Officer Sandeep Pradhan as SEBI Whole-Time Member

The three-year posting fills a statutory vacancy on the market regulator’s board.

Overview

  • A Department of Economic Affairs notification on November 19 confirms Pradhan’s appointment for three years from the date he assumes charge or until further orders.
  • Pradhan is a 1990-batch IRS officer serving as Director General of Income Tax (Investigation) in Pune.
  • His background includes an IIT Kanpur degree and stints as Director General of the Sports Authority of India and CEO of the Khelo India programme.
  • SEBI has four Whole-Time Member posts; incumbents include Amarjeet Singh and Kamlesh Chandra Varshney, with part-time members Deepti Gaur Mukerjee and Anuradha Thakur on the board.
  • The move follows recent WTM departures, including Ananth Narayan G in October and Ashwani Bhatia in May, as SEBI pursues initiatives such as easing foreign investor onboarding.