Mr. Tuhin Kanta Pandey took charge as Chairman, Securities and Exchange Board of India in Mumbai on March 01, 2025.
 
Mr. Pandey is an IAS Officer of Odisha Cadre belonging to 1987 batch. Before joining SEBI he served as Union Finance Secretary, Revenue Secretary and Secretary, Department of Investment & Public Asset Management (DIPAM), Secretary, Department of Public Enterprises and Secretary, DOP&T.
 
Mr. Pandey has held many significant positions in Union Government and State Government of Odisha, in addition to serving a stint in the Regional Office of the United Nations Industrial Development Organisation (UNIDO).

In the Union Government, his previous organisations include Planning Commission (Now Niti Aayog), Cabinet Secretariat and Ministry of Commerce.
 
In State Government of Odisha, he served as administrative head in the Departments of Finance, Health, General Administration, Commercial Taxes and Transport.   

In his career spanning over more than three decades, Mr. Pandey has wide experience in the areas of Economy & Finance, Industrial Development, Tax policy and administration and has been instrumental in bringing about several institutional innovations, new policies and systems in the Departments he has served.
 
He holds a Masters Degree in Economics from Panjab University, Chandigarh and Master of Business Administration from the University of Birmingham (UK). 

Mr. Sandip Pradhan has taken charge as Whole Time Member, Securities and Exchange Board of India (SEBI) in Mumbai on December 04, 2025. Prior to joining SEBI he was Director General of Income Tax (Investigation) in Pune.

Mr. Pradhan handles Market Intermediaries Regulation and Supervision Department, Alternative Investment Fund and Foreign Portfolio Investors Department, Information Technology Department, Office of Investor Assistance and Education and National Institute of Securities Market.

Mr. Pradhan is a B. Tech in Computer Science from IIT Kanpur.

In his career spanning over more than three and half decades he worked in various capacities in Income Tax Department and handled verticals like investigation, assessment, administration, judicial matters, systems, etc. across Ahmedabad, Surat, Mumbai and Pune.

He also contributed significantly for development of Sports in India being Director General, Sports Authority of Gujarat, Member Convener of Olympic Task force formed by the Government of India and Director General, Sports Authority of India.

As a Sports Administrator, he spearheaded Khelo India Scheme and Target Olympic Podium Scheme (TOPS).

Anup Gupta is a seasoned financial services professional and currently serves as the Chairman of the Bombay Stock Exchange Brokers’ Forum (BBF) and Director at Sykes & Ray Equities (India) Ltd. With a distinguished career spanning over four decades, he brings deep expertise in Business Relationship Management, Corporate Finance, Derivatives, and Due Diligence.

Anup has a proven track record of leading strategic initiatives, driving business growth, and cultivating long-term partnerships in highly dynamic and competitive market environments. His leadership style is marked by agility, foresight, and a commitment to excellence.

He holds a Bachelor of Commerce (B. Com.) degree with a specialization in Accounting and Finance from H.R. College of Commerce and Economics, Mumbai a PGD in Management from Peter Drucker Institute of Management USA and a PGD in Securities Law from Govt. Law College. He is regular meditator who continues to practice Vipassna from past 25 years and loves is daily morning walks.

Anuj Singhal is among India’s most seasoned and popular stock market anchors.

A graduate with Economics honours from Delhi University and a post graduate diploma holder in Finance, Anuj has been with CNBC-TV18 since he joined the channel straight out of college in 2003.

Anuj has tracked Indian financial markets for last 2 decades and was the lead anchor for both the market flagship shows: Bazaar and Closing Bell on CNBC-TV18 where he headed both the Research and Desk team of the channel before moving on to lead CNBC-Awaaz as the managing Editor in Oct 2022. Under Anuj’s leadership, CNBC-Awaaz has become the number 1 business news channel.

He interacts with top honchos of India Inc. and legendary stock market investors on a daily basis.

He has wide social media presence with nearly 1 million followers across social media platforms.

For many retail traders and investors, Anuj is the go-to person in stock markets, and is even nick named as The Nifty Magician by some of his die hard followers.

Ridham Desai is a Managing Director of Morgan Stanley with 29 years at the firm. He heads Morgan Stanley’s Indian Equity Research team which is the top ranked team in the country. He has been consistently ranked among the best equity market strategist and analyst in the country over his career spanning over 34 years. He has represented Morgan Stanley in several public debates on the equity market and the economy, is a regular media contributor and authored several insightful reports. Ridham is also on the advisory board of Project Mumbai, a not for profit engaged in the improving lives of Mumbaikars.

Sundararaman Ramamurthy assumed charge as MD & CEO of BSE in January 2023 and has since led transformative initiatives across strategy, product innovation, regulatory engagement, and business development. Under his leadership, BSE has expanded its market offerings, embraced digital innovation, and strengthened its position in the global capital markets landscape.

He brings over four decades of experience in banking and capital markets, having held leadership roles across premier institutions. Prior to BSE, he served as MD & COO at Bank of America’s Indian operations, overseeing governance and control across banking and securities. His earlier tenure at NSE spanned close to 20 years, where he played a pivotal role in its evolution—particularly in derivatives, indices, data, and clearing operations.

His diverse experience spans:
• Leading large, complex, multi-disciplinary teams
• Stakeholder management and high corporate governance standards
• Strategic interface with technology for innovation and system implementation
• Business development and stringent compliance oversight
• Organizational development, talent motivation, and business excellence

He began his career with leading banks including Indian Overseas Bank, State Bank of India (SBI), and IDBI. He is a Cost Accountant, a Certified Associate of the Indian Institute of Bankers, and holds a Bachelor of Science degree. He also holds the prestigious Financial Risk Manager (FRM) certification, underscoring his expertise in global risk management practices.

His visionary leadership has been recognized through multiple prestigious awards:
• Visionary Leadership Award by State Bank of India.
• CEO of the Year 2025 at the FOW Asia Pacific Awards.
• Outstanding CEO of the Year in Capital Market – 2023 and 2024 by Eternal Corporate Media.

Latika S. Kundu is the Managing Director and Chief Executive Officer of Metropolitan Stock Exchange of India Limited (MSE) since March 2020.

She has over 25 years of experience in the global financial markets, with expertise in the setting-up and operating of Exchanges, Clearing Corporations, and Depositories across multiple asset classes.

Prior to this role, she was the Co-Founder and Chief Operating Officer of Singapore Diamond Investment Exchange Pte. Ltd. (SDiX), world’s first spot Commodity Exchange. She has also held leadership positions at Macquarie Singapore, Singapore Mercantile Exchange (SMX), MCX Stock Exchange (now MSE), and Lehman Brothers.

Latika began her career with the National Stock Exchange of India (NSE) in 1995 and worked there for over 12 years across various functions. Her contributions included re-designing of the NIFTY Options contract and the strengthening of surveillance and investigation functions.

She has served on industry bodies, including the CMFAS Exams Board under the Institute of Banking & Finance (IBF), Singapore. Latika has been recognized by her alma maters, ITM and Narsee Monjee College, with awards including ‘Distinguished Alumnus Award’ and recognition among the ‘Top 50 Entrepreneurs’.

Praveena Rai is the Managing Director & Chief Executive Officer of Multi Commodity Exchange of India Ltd. (MCX), India’s largest commodity derivatives exchange.

Prior to joining MCX, she served as the Chief Operating Officer of National Payments Corporation of India (NPCI), where she played a pivotal role in driving the growth of UPI and digital payments in India. She has also held senior leadership positions with Citigroup, HSBC, and Kotak Mahindra Bank in India and globally.

With over 20 years of diverse experience in financial services, Praveena strongly believes that technology is a key driver of transformative change and a critical enabler in accelerating the transition towards a digital services-led growth economy.

She is an engineering graduate from College of Engineering, Guindy and holds a postgraduate management degree from Indian Institute of Management Ahmedabad. She also serves as the Co-Chair of the Fintech Convergence Council (FCC).

Praveena has been featured in the Forbes Self-Made Women List 2024 and was recognised by Business Today among the “Most Powerful Women in Business 2025.”

Key Highlights
• Over 20 years of diverse experience in Financial Services
• Former Chief Operating Officer of National Payments Corporation of India (NPCI)
• Held leadership positions with Citigroup, HSBC, and Kotak Mahindra Bank
• Recognised leader in digital payments, fintech, and financial market infrastructure

Nehal Vora is the Managing Director & Chief Executive Officer of Central Depository Services (India) Limited (CDSL), India’s largest depository by number of demat holders and the first listed depository in Asia-Pacific region. He brings a uniquely comprehensive view of India’s securities market, shaped by leadership experience across the regulator, market infrastructure institutions, and the brokerage ecosystem. This multi-lens exposure forms the foundation of his work in building transparent, trusted and resilient market infrastructure.

With over three decades in the securities industry, Nehal has held pivotal roles that span conduct, governance, risk management and market integrity. Nehal has driven transformative growth at CDSL since September 2019, overseeing it becomes the custodian for over 18+ crore demat accounts (as of March 31, 2026). His leadership foundations were shaped at DSP Merrill Lynch, a leading brokerage and investment banking franchise, where he led Law and Compliance and later steered the firm’s compliance function across its India operations. The role provided global exposure to regulatory standards and investor protection frameworks. In 2008, he received the firm’s prestigious “OGC Living the Mission” award, becoming the first Indian to be honoured with this global recognition. Nehal has also been recognised as the “CEO of the Year – Market Infrastructure Institutions Category” at the 14th edition of Business Today’s India’s Best CEOs awards.

 In 2009, he joined BSE as part of a transformation-driven leadership team tasked with modernising a 125-year-old institution. As Chief Regulatory Officer, he played a central role in strengthening governance, regulatory compliance and market integrity. His tenure coincided with milestone events such as the IPOs of both BSE and CDSL, offering him strategic insights into the evolution, scalability and stewardship of India’s market infrastructure institutions.

Nehal also spent a decade at the Securities and Exchange Board of India (SEBI), where he played a key role in shaping regulatory frameworks and strengthening market oversight. His deep engagement with SEBI continues through his active participation in several of its committees and advisory groups. He works closely with several SEBI committees and advisory groups. He chairs the Working Group under the Market Data Advisory Committee (MDAC) for Secondary Markets and serves on the FPI Advisory Committee, Market Data Advisory Committee, Corporate Bonds and Securitization Advisory Committee (CoBoSAC), and the Secondary Market Advisory Committee (SMAC). His perspective also extends to the international domain through his role on the IFSCA Expert Committee on Secondary Markets. Additionally, he is a member of the Advisory Council of NISM.

Under his leadership, CDSL has delivered strong institutional outcomes, reinforcing its position as India’s largest and most trusted depository. The organisation has earned over 40 awards, out of which more than 13 are of a global stature – for digital innovation, cybersecurity excellence, DE&I, operational resilience, investor education, CSR efforts, and governance leadership. These recognitions include “CSD of the Year 2025” by Asset Servicing Times, “Best Institution in Asia for Diversity, Equity & Inclusion” by Asia Asset Management 2026, “Market Infrastructure of the Year” at the 8th Regulation Asia Awards for Excellence 2025, “Best Organizations for Women 2025” in ET Now’s Coffee Table Book edition, and the National Award for Excellence in CSR & Sustainability for “Best Use of CSR Practices – Capital Market Sector.”

Mr. Vijay Chandok is the Managing Director and Chief Executive Officer of National Securities Depository Limited (NSDL) from November, 2024. Prior to this he was with ICICI Group for over three decades. At ICICI Group, he was the MD & CEO of ICICI Securities Ltd. for a period of 5 years from 2019. Prior to that, he served as the Executive Director on the Board of ICICI Bank. During his tenure at ICICI Bank he has also worked on the Boards of ICICI Bank UK Plc Ltd, ICICI Bank Canada Ltd., ICICI Bank (Eurasia) Limited, and was the Chairman of ICICI Investment Management Company Limited.

During his years at ICICI Bank, he was responsible for the International Banking, Small and Medium Enterprises (SME) businesses, Global Markets and Commercial Banking Businesses. He also served the bank in the retail banking group, rural and agri group and the corporate banking group over the years.

At present, he is a Co-Chair of the Capital Market Committee of FICCI. In the past he was on the Advisory Committees of BSE, NSE and NSDL and also part of the Committee of SEBI which worked on the harmonisation of the ICDR and LODR regulation and promoting ease of doing business.

Mr. Chandok holds a Master’s degree of Mumbai University in Management Studies (MMS) from Narsee Monjee Institute of Management Studies, Mumbai. He also holds a Bachelor’s degree in Mechanical Engineering from the Indian Institute of Technology (Banaras Hindu University), Varanasi (formerly IT-BHU). In 2017, Mr. Chandok was conferred with a Distinguished Alumnus Award from NMIMS University

Vaisshali Babu assumed office as the Managing Director & CEO of the Company effective January 1, 2024. Prior to this, she served the organisation in critical leadership roles, including Chief Operating Officer and Chief Risk Officer.

A seasoned capital markets professional with over 30 years of experience, Vaisshali has held influential positions across reputed global & domestic institutions including BNP Paribas, Bank of America Merrill Lynch, State Street, SHCIL, United India Insurance, and Mumbai Port Trust.

A recognised industry contributor she has been instrumental in shaping key regulatory frameworks in India, particularly in areas such as foreign investments, settlement efficiencies, and debt market development. She is an active contributor to several SEBI committees and has served on the Advisory Boards of NCL and ICCL.

Vaisshali’s leadership has earned national recognition including:

• Being listed among India’s Top 100 Women in Finance by AIWMI (2019)
• Winner of the Best in Custody award at the Women in Finance Asia Awards (2022)
• Honoured with the SBI Visionary Leadership Award 2025
• Honoured with Securities services of the year award from Asia Asset Management awards at Singapore 2026

She holds a master’s degree in commerce from Mumbai University and a Business Administration qualification from Symbiosis. She has completed executive programs at IIM Bangalore, IIM Rohtak, and IIM Calcutta, and is a member of the Institute of Directors.

A strong advocate of education as a vehicle of empowerment, Vaisshali actively supports several NGO’s of education to transform the society.

Her life mantra: “Be Simple; Be Different.”

Rishi Nathany is the Managing Director & Chief Executive Officer of MCX Clearing Corporation Limited (MCXCCL). With nearly three decades of leadership in the
Indian financial and commodity derivatives markets, he has been a prominent driving force behind market development, regulatory compliance, and structural innovation.

In his current role, Rishi oversees the financial integrity, risk management architectures, and clearing operations of India’s premier commodity clearing ecosystem. He previously served as the Chief Business Officer at the Multi Commodity Exchange of India Limited (MCX), where he spearheaded large-scale market deepening initiatives, critical technological transitions, and product innovation for the nation’s leading commodity exchange.

His deep domain expertise is anchored in a distinguished career that includes pivotal leadership roles at the National Commodity & Derivatives Exchange Limited (NCDEX), alongside foundational executive leadership positions spanning capital markets, wealth management, and financial services.

An alumnus of IIM Kozhikode and a Certified Financial Planner (CFP), he is a widely respected thought leader, speaker, and media commentator on the evolving landscape of the Indian financial markets.

Uttam Bagri is a third-generation promoter and Director of the 62-year-old BCB Group, a well-established financial services organization primarily engaged in stock broking and merchant banking activities. He holds a Bachelor of Commerce degree and a Post Graduate Diploma in Management (PGDM) from the prestigious Indian Institute of Management (IIM) Ahmedabad.

With over two decades of experience in the Indian financial markets, he has played a significant role in various industry initiatives and policy discussions.
He has served as a Trading Member representative on the Board of BSE Limited during the periods 2003–2005 and 2010–2012.

Uttam has also been an active member of several key committees constituted by Market Infrastructure Institutions and the Securities and Exchange Board of India (SEBI), contributing to the development and governance of India’s capital markets.

Anurag Bansal is a rank holder and fellow member of the Institute of Chartered Accountants of India (ICAI) and a member of Institute of Cost and Works Accountants of India (ICWAI) and possesses extensive experience of over 25 years in Capital Markets.

He is whole time director of SMC Global Securities Limited which along with its group companies offers a diverse range of financial services including institutional and retail brokerage of equity, derivatives, commodities, currency, online trading, depository services, distribution of IPOs, mutual funds, fixed deposits & bonds, insurance broking (life and general), clearing services, margin financing, investment banking, portfolio management, wealth advisory, real estate advisory and research.

Alok Churiwala is a seasoned financial services professional with over three decades of experience in the Indian capital markets. As the Managing Director of Churiwala Securities Private Limited, he has led the firm with vision and integrity, driving strategic growth and fostering strong client relationships across Equity Research, Portfolio Management, Corporate Finance, Investment Banking, and Business Development.

A prominent figure in the financial sector, Alok has made significant contributions to industry advocacy and policy development. He served as the Vice Chairman of the Bombay Stock Exchange Brokers’ Forum (BBF), where he played a pivotal role in representing broker interests and shaping regulatory discourse.

Alok was also a Board Member of the Bombay Stock Exchange for five years. During his tenure, he served on several key committees, including the Index Committee and the Business Development Committee. He is a sought-after industry spokesperson and has featured widely across national television and print media. Additionally, he has been a popular visiting faculty at the BSE Training Institute, sharing his insights and experience with aspiring market professionals.

An alumnus of the Indian School of Business, Alok completed the Venture Capital and Private Equity (VCDP) program, strengthening his expertise in entrepreneurial finance and the evolving investment landscape.

He currently serves as an Independent Director on the Board of Khadim India Ltd., continuing his commitment to sound governance and corporate leadership.

Saloni Parikh stands at the forefront of the Indian financial landscape, embodying a rare fusion of academic excellence and strategic brilliance. As the CEO and Director of Finance Monitor (India) Private Limited, she has redefined the standards of wealth management through a meticulous, data-driven approach to the equity markets.

A Pedigree of Excellence
A distinguished Chartered Accountant, Saloni’s foundation is built on the rigorous standards of Indian finance. She further refined her global perspective in the heart of the world’s financial capital, earning a Master’s in International Management from London. This dual-continent expertise allows her to navigate complex local regulations with a sophisticated global lens.

Proven Market Mastery
With over ten years of high-impact experience, Saloni has become a trusted architect of financial growth. Her career is anchored by prestigious tenures at India’s elite broking houses and top-tier tax firms, where she mastered the nuances of capital preservation and wealth creation.

Strategic Leadership at Finance Monitor
At the helm of Finance Monitor, Saloni is the driving force behind the firm’s Research, Advisory, and Business Development wings. She doesn’t just manage assets; she crafts bespoke financial futures. Her expertise spans:
• Precision Equity Research: Identifying market alpha before it becomes mainstream.
• Sophisticated Financial Planning: Seamlessly integrating tax efficiency with aggressive growth.
• Strategic Expansion: Transforming Finance Monitor into a powerhouse of innovation and client-centric solutions.