UK Sinha, a 1976-batch IAS officer, had served as joint secretary in the Finance Ministry and joined SEBI after serving as the CMD of UTI AMC
UK Sinha, the chairman of Securities and Exchange Board of India (SEBI) on Friday got a two-year extension till 2016.
The Finance Ministry has issued a notification to this effect. “The notification for SEBI Chairman’s extension has been sent to SEBI late last night,” a senior Finance Ministry official said.
The extension will be with effect from 18 February 2014 till 2016.
Sinha’s three predecessors — CB Bhave, M Damodaran and GN Bajpai — had a three-year term. Only DR Mehta had served as SEBI chairman for the longest duration from 1995 to 2002.
Sinha, a 1976-batch IAS officer, had served as Joint Secretary in the Finance Ministry and joined SEBI after serving as the Chairman and MD of UTI AMC.
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