Since its inception on April 12, 1988, the Securities and Exchange Board of India (SEBI) has played a crucial role in shaping and overseeing the securities and commodities market in the country. The metamorphosis of SEBI, transitioning from an executive body to a regulatory authority vested with legal powers in 1922, has been shaped by a series of dynamic leaders. This article will delve into the historical trajectory of SEBI’s Chairpersons, tracing their leadership journey from the organization’s establishment to the present day, highlighting the challenges and transformations along the way.
Here is the complete list of chairpersons of SEBI from 1988 to 2023:
| S. No. | Chairman | Tenure |
| 1. | Dr. S.A. Dave | 12th April 1988 to 23rd August 1990 |
| 2. | Shri G.V. Ramakrishna | 24th August 1990 to 17th January 1994 |
| 3. | Shri S.S. Nadkarni | 17th January 1994 to 31st January 1995 |
| 4. | Shri D.R. Mehta | 21st February 1995 to 20th February 2002 |
| 5. | Shri G.N. Bajpai | 20th February 2002 to 18th February 2005 |
| 6. | Shri M. Damodaran | 18th February 2005 to 18th February 2008 |
| 7. | Shri C.B. Bhave | 19th February 2008 to 17th February 2011 |
| 8. | Shri U.K. Sinha | 18th February 2011 to 01st March 2017 |
| 9. | Shri Ajay Tyagi | 01st March 2017 to 28th February 2022 |
| 10. | Madhabi Puri Buch | 28th February 2022 – Incumbent |
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The Securities and Exchange Board of India (SEBI) is a regulating body established in India on 12th April 1988. It plays a crucial role in shaping and regulating the securities and commodity markets in India.
Dr. S.A. Dave was the first chairman of SEBI, serving from 12th April 1988 to 23rd August 1990.
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