RBI ED Gurumoorthy Mahalingam - Whole-Time member of SEBI
Q. Who has been appointed as a whole-time member of market regulatory authority SEBI on Oct 7, 2016?- Published on 17 Oct 16a. RBI Governor
b. RBI ED
c. Niti Aayog Chairman
d. Niti Aayog Member
ANSWER: RBI ED
RBI’s Executive Director Gurumoorthi Mahalingam has been appointed as the whole-time member of market regulatory SEBI
- His appointment was approved by the Union Finance Ministry for 5 years or till he attains the age of 65, whichever is earlier.
- Mahalingam succeeds Prashant Saran as whole-time member
- Saran retired from the post in June 2016
- Aside from the Chairman, SEBI has three more Whole-Time members / WTMs
- Mahalingam is an ED and former regional director of the RBI
- In his current role in RBI, Mahalingam was involved in monitoring and surveillance of money, forex, government securities and derivative market intervention operations
- Associated with the RBI for the past 3 decades, he has held various posts in the organisation
- He has been associated with NISM or National Institute of Securities Markets, an educational initiative of the SEBI as its visiting faculty
- He holds an MSc in Statistics and Operations Research from IIT-K and an MBA in International Banking and Finance from Birmingham Business School in the United Kingdom
