M. Damodaran

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Meleveetil Damodaran was the chairman of the Securities and Exchange Board of India (SEBI), the country's financial market watchdog, before which he had headed the IDBI Bank. Prior to that appointment Shri Meleveetil Damodaran took over charge as Chairman, Unit Trust of India, with effect from 15th July 2001. He belongs to the Indian Administrative 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.He has been succeeded as chairman of SEBI by Chandrashekhar Bhaskar Bhave.