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SEBI welcomes its fourth full-time member
Ananth Narayan Gopalakrishnan has been appointed as a whole-time member of the Securities and Exchange Board of India (SEBI). He was previously an associate professor at SP Jain Institute of Management and Research (SPJIMR).
"He will hold office for a period of three years from the date he assumes charge or until further orders, whichever is earlier," as stated in the circular issued by the Department of Personnel and Training.
With this appointment, Narayan becomes the fourth whole-time member of SEBI, which had been operating with a vacancy for the position since November 2021.
Narayan has a vast experience of 24 years of experience in finance and banking, has served as the RBI-nominated additional director on the YES Bank board. He has worked with Citibank, Deutsche Bank, and Standard Chartered Bank, too. At present, the professor is an independent director on the boards of SBI Capital Markets Ltd, Clearcorp Dealing Systems Ltd, CARE Ratings Ltd, Agappe Diagnostics Ltd, Southern Ridges Macro Fund, and Southern Ridges Master Macro Fund.
Commenting on his appointment, Narayan said: "Truly blessed by all your very, very kind wishes. Am indebted to the Government of India and SEBI for this huge privilege. Hope to learn from the very knowledgeable and dedicated folk at SEBI, engage with all stakeholders, and collectively help further protect investors and develop markets."
He added: "My involvement on this medium might diminish – apologies. But please do keep your valuable inputs, insights, and suggestions coming. Apologies if I missed thanking anyone personally. Special thanks to SPJIMR for all the engagement over the years!"