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SEBI chairman set to get two more years' extension

Sinha was first appointed as SEBI Chairman in February 2008

January 13, 2014 8:47 IST | India Infoline News Service
The Securities and Exchange Board of India (SEBI) Chairman UK Sinha is set to get two years’ extension when his three-year term ends in February, according to a media report.

Sinha was first appointed as SEBI Chairman in February 2008. He was the Chairman and Managing Director (CMD) of the Unit Trust of India Asset Management Company (UTIAMC), commonly referred to as UTI Mutual Fund. He is a member of the Indian Administrative Services (IAS), belonging to the Bihar Cadre.

Before taking over at UTIAMC, Sinha held key positions in the Government of India, notably in the Ministry of Finance, where he was the Joint Secretary, looking after Capital Markets, External Commercial Borrowings, Banking and Currency and Coins. During his tenure at the Ministry of Finance, he spearheaded several initiatives, such as the Banking Sector reforms, and the Capital Market reforms.

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