Ajay Tyagi Appointed as the New Chairman of SEBI

The government on Friday appointed Ajay Tyagi, additional secretary in the finance ministry, as the new chairman of Securities and Exchange Board of India (Sebi). He will take over from U K Sinha on March 1.

He is currently handling matters related to the capital markets.

“He is a strong and silent worker who comes to the office early and works till late. He does not gossip or attends parties,” said a senior finance ministry officer.

The appointment was made on the eve of finance minister Arun Jaitley’s post-budget meeting with the Sebi board on Saturday

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