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The Centre has appointed Kompella Venkata Ramana Murty as a whole time member of the Securities and Exchange Board of India (SEBI) for a term of three years, according to a government notification issued on March 24.
With this appointment, SEBI returns to its full strength of four whole time members.
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Murty is a retired 1991 batch Indian Defence Accounts Service (IDAS) officer and most recently served as Additional Controller General of Defence Accounts in the Ministry of Defence, where he handled senior level financial administration and oversight.
He is not new to the capital markets regulator. Murty has previously served on the SEBI board as a part time member representing the Ministry of Corporate Affairs, giving him familiarity with the regulator’s functioning and decision making processes.
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