Dr. Pradnya Saravade and Shri Ananta Barua take charge as Executive Director, SEBI

Dr. Pradnya Saravade took charge as Executive Director, Securities and Exchange Board of India in Mumbai today. 

Dr. Saravade is from the 1989 batch of the Indian Police Service and has served in the states ofWest Bengal and Maharashtra and the Central Bureau of Investigation. 

She has been on deputation with SEBI since July 2008 and has been holding charge of Investigations Department in SEBI.  As Executive Director, she will continue to head the Investigations Department of SEBI.

Shri Ananta Barua took charge as Executive Director, Securities and Exchange Board of India in Mumbai today.  Prior to this assignment he was Legal Adviser, Legal Affairs Department (LAD), SEBI.  He has been working in LAD since 1992 and has assisted the Board in framing of Regulations.

He is a Commerce Graduate with LL.B from University of Delhi.  He also holds Diploma in Management.

Shri Barua was on deputation to Central Bank of Bahrain as Legal Adviser and has also worked with Industrial Finance Corporation of India (IFCI), National Fertilizers Ltd. (NFL) and DCM Ltd..

Shri Barua was also active in various committees including as Technical Member of Committee on Financial Sector Assessment, Justice Wadhwa Committee on re-allocation of IPO proceeds among various other committees.

Shri Barua also assisted Justice Bhagwati on Takeovers and Justice Dhanuka Committee on Securities Laws.

Mumbai

May 20, 2010