Government Cuts Down SEBI Chief Ajay Tyagi’s Tenure by Two Years

SEBI Chairman Ajay Tyagi’s tenure has been cut down from five years, to three.

Ajay Tyagi, Secretary to the additional secretary of India’s economic affairs department (Photo: Press Information Bureau)

• Govt cuts tenure of Security and Exchange Board (SEBI) Chairman-designate Ajay Tyagi to three years.
• It was initially supposed to be a five year term, but has now been cut down by two years.
• Tyagi will be replacing U K Sinha, who will finish his term on March 1, 2017.