M. Damodaran

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M. Damodaran is the chairman of the Securities and Exchange Board of India (SEBI), the country's financial market watchdog, before that he headed the IDBI bank for a short stint. Prior to that appointment Shri M Damodaran took over charge as Chairman, Unit Trust of India, with effect from 15th July 2001. He belongs to the IAS service, Manipur-Tripura cadre. He was officer on special duty with the Reserve Bank of India dealing primarily with the restructuring of 3 identified weak public sector banks prior to this appointment. Earlier, he was Joint Secretary (Banking Division), Ministry of Finance for five years. The appointment is for a period of one year