Govt clears ex-StanChart banker Ananth Narayan as Sebi's whole-time member

Ananth Narayan has been appointed for an initial period of three years

The Securities and Exchange Board of India (Sebi) will soon have a fourth whole-time member (WTM) as the government cleared the appointment of Ananth Narayan Gopalkrishnan, Associate Professor, SP Jain Institute of Management & Research.

The market regulator has been operating with at least one vacancy for the position of WTM since November 2021. Like in the case of most WTMs, Narayan has been appointed for an initial period of three years.

He will join Sebi WTMs SK Mohanty, Ashwani Bhatia and Ananta Barua. Bhatia, previously the managing director of state-owned State Bank of India (SBI), assumed charge at Sebi in June;