Senior IAS officer Ajay Tyagi appointed as new SEBI Chairman
The government on Friday appointed senior IAS officer Ajay Tyagi as the Chairman of markets regulator, Securities and Exchange Board of India (SEBI). Tyagi will replace UK Sinha, whose extended tenure ends on March 1, 2017. Tyagi is currently Additional Secretary (Investment) in the Department of Economic Affairs and handles capital markets, among other responsibilities.