The Securities and Exchange Board of India (SEBI) recently announced the appointment of G Ram Mohan Rao as Executive Director (ED) for a tenure of three years. With over 25 years of experience at SEBI, Rao brings a wealth of expertise to his new role. In his capacity as ED, he will oversee the investigation department and the internal inspection department, reinforcing SEBI’s commitment to maintaining market integrity.
Extensive Background and Experience
G Ram Mohan Rao’s journey at SEBI has been marked by diverse responsibilities and notable achievements. Having served in various capacities over the years, he has supervised portfolios such as inspections, litigation, recovery, investor awareness, and grievance redressal. Rao’s tenure as the Regional Director of the Eastern Regional Office showcased his leadership in managing crucial areas like inspections, collective investment schemes, litigation, and recovery, among others.
Earlier Portfolios and Roles
Before assuming his recent role, Rao handled critical portfolios including inspections, investigations, and market surveillance. His experience at the Northern Regional Office and the Serious Fraud Investigation Office reflects a comprehensive understanding of regulatory challenges and a commitment to addressing them effectively.
Educational and Professional Background
G Ram Mohan Rao holds an engineering and MBA degree from Osmania University, Hyderabad. His academic prowess extends to a Law degree from Mumbai University, demonstrating a well-rounded skill set. Furthermore, he is a certified fraud examiner (ACFE), emphasizing his commitment to maintaining the highest standards of ethical conduct in the financial markets.
Advocate for Investor Protection
Rao’s dedication to investor protection was evident at a May 2023 event where he urged Sebi-registered/regulated entities to safeguard their client investors from unauthorized schemes. He went further to encourage associations such as the Independent Consultants & Advisors Association (ICAA) to establish reporting mechanisms on their websites. Drawing parallels to the responsibilities of defense forces at the border, Rao emphasized the critical nature of protecting investors from potential risks.
Important Questions Related to Exams
1. What is G Ram Mohan Rao’s recent role at SEBI?
A) Regional Director of the Western Regional Office
B) Executive Director
C) Chief Financial Officer
2. What certification does G Ram Mohan Rao hold, emphasizing his commitment to ethical conduct?
A) Certified Public Accountant (CPA)
B) Chartered Financial Analyst (CFA)
C) Certified Fraud Examiner (ACFE)
Kindly share your responses in the comment section.