The Central Government, Indian Ministry of Finance, Department Of Economic Affairs, Government Of India, has through a notification issued under Section 4(1)(d) and Section 4(4) of the Securities and Exchange Board of India Act, 1992, read with Rule 3 of the SEBI (Terms and Conditions of Service of Chairman and Members) Rules, 1992, appointed Shri @Sandip Pradhan, Director General of Income Tax (Investigation), Pune, as a Whole-Time Member (WTM) of the Securities and Exchange Board of India (SEBI).
Shri Pradhan has been appointed for a period of three years from the date he assumes charge of office, or until further orders, whichever is earlier.
Under the SEBI Act, Whole-Time Members play a critical role in regulatory decision-making, exercise of quasi-judicial powers, policy formulation, and supervision of securities markets, working alongside the Chairperson and other Members to ensure market integrity, investor protection, and orderly development of the securities market.
A copy of the Gazette Notification is enclosed.
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