Sebi invites applications for executive director post

Sebi has invited applications for the post of executive director, with the deadline set for July 25. The appointment will be on a deputation or contractual basis for three years, and candidates must meet prescribed qualifications and experience criteria

New Delhi: Markets regulator Sebi has begun the process of recruiting an executive director and has invited applications to fill the vacancy.

Applications for the post have been invited until July 25.

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The appointment of the executive director will be on a deputation or contractual basis for a period of three years, the Securities and Exchange Board of India (Sebi) said in a notice.

As per the notice, candidates applying through the contractual route are required to have qualifications such as an MBA, CA, CS, LLB or a postgraduate degree in economics, finance or another discipline that Sebi considers relevant.

The candidate applying for the position must have at least 20 years of experience dealing with securities market issues or possess special knowledge or experience in law, investigation, finance, economics and accountancy, among other fields.

Eligible candidates from government organisations, public sector banks and financial institutions may apply on deputation through their employer.

At present, Sebi has 20 executive directors.

Earlier this month, the government invited applications to fill two whole-time member posts at Sebi. Currently, there are four whole-time members (WTMs) — Kamlesh Chandra Varshney, Amarjeet Singh, Sandip Pradhan and KVR Murty.

The Sebi board comprises a chairman, four full-time members and four part-time members.