New delhi:
The government on Monday invited applications for the post of Chairman of the Securities and Exchange Board of India (SEBI).
The current sebi Chairperson Madhavi Puri Buch’s Three-Year Term Ends on February 28.
In a public advertisement, the department of Economic Affairs under the Finance Ministry Invited Applications from Candidates by February 17.
“The appointment shall be made for a maximum period of 5 years from the date of assumption of charge or till Attaining the age of 65 years of the appointee, Whichever is Earlier.
The Chairperson will receive a pay equivalent to a secretary to the government of India which is Rs 5,62,500 per month (without house and car), the advertisement said.
The ministry also said that keeping in view and important Erness “.
The Candidate is also required to have a “Shown capacity in dealing with problems related to security in the opinion of the central government shall be useful to the board ” .
“The Chairman should be a person who does not and will not have any such financial or other interes as are likely to affect prejudically his function as the Chairman,” The advertisement is added.
The government will appoint the sebi Chairperson on the recommendation of the financial sector regulatory appointments Sector Appointments Sector Sector Search Committee (FSRASC). The committee is also free to recommend any other person also who has not applied for the post on the basis of merit, it added.
(This story has not been edited by ndtv staff and is auto-generated from a syndicated feed.)
