The government, on Thursday, appointed UTI AMC chief U K Sinha as the Chairman of capital markets regulator, the Securities and Exchange Board of India (Sebi). A 1976 batch IAS officer of the Bihar cadre, Sinha replaces C B Bhave who retires on February 17, 2011.
Sinha has been appointed as Sebi chief for a period of three years from February 18, 2011. Sinha at present is the chairman and managing director UTI AMC. He also heads the mutual fund industry body AMFI.
Published 03 February 2011, 14:53 IST