Govt Clar­i­fies In­com­ing Sebi Chief Ten­ure to be 3 Years

The Economic Times - - Front Page -

The gov­ern­ment said on Fri­day that the ten­ure of the next chair­man of the Se­cu­ri­ties and Ex­change Board of In­dia (Sebi), Ajay Tyagi, will “ini­tially” be for three years. The ear­lier order is­sued on Fe­bru­ary 10 had said that Tyagi’s term will be for a pe­riod not ex­ceed­ing five years or till the age of 65.

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