Chandrasekhar Bhaskar Bhave

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C B Bhave was appointed as chairman of the Securities and Exchange Board of India (SEBI) in February 2008 for a period of three years.[1] He was SEBI's senior executive director from 1992-1996, following which he became Chairman and Managing Director of the newly created National Securities Depository Limited (NSDL).[2]

Mr. Bhave hails from Nagpur, Maharashtra. He is an electrical engineer and 1975 batch IAS officer. He was executive director at SEBI where he worked closely with the former chairman G V Ramakrishna to manage regulatory transition of Indian stock market. He left SEBI to become first Chairman of National Securities Depository Ltd. Before joining SEBI he was additional Industries Commissioner of Maharasthra for three years and had earlier served as undersecretary in the Ministry of Finance and deputy secretary in the Ministry of Petroleum. He also served as independent director on board of two listed companies - PSU CMC (now part of the Tata group) and Avaya Global Connect.[3]

[edit] References

  1. ^ Bhayani, Rajesh. "NEWSMAKER: C B Bhave", Business Standard, 2008-02-15. Retrieved on 2008-02-17. 
  2. ^ "Bhave may be new SEBI chairman", The Times of India, 2008-02-14. Retrieved on 2008-02-17. 
  3. ^ IndianExpress.com :: New Sebi chief will boost reforms, feels market