SEBI has started the process for recruiting 2 executive directors for faster and more effective execution of its regulatory work.
The appointment of executive directors will be either on a contractual or deputation basis for 3 years, the regulator said in a public notice on Friday – 28th June 2020. The Securities and Exchange Board of India (SEBI) has invited applications for the recruitment, the last date for the same is 17th July 2020.
The candidate should have a minimum of 20 years of experience in handling problems associated with the securities market or special knowledge or experience of law, investigation, finance, economics, and accountancy, among others. The candidate’s age should be between 40 and 55 years, as on 30th June 2020. SEBI has 8 executive directors currently. Babita Raydu had taken charge as a SEBI executive director, in January this year. SEBI, a capital market watchdog, is a statutory regulatory body established by an Act of Parliament, to protect the interests of investors in securities, to promote the development of and to regulate the securities market.