New SEBI chief Ajay Tyagi applications called  

New Delhi: Effectively seeking to end the tenure of Securities and Exchange Board of India (SEBI) Chairman Ajay Tyagi, the Finance Ministry has in a quiet move called for applications to fill up the post.

An order dated January 24 has been issued by the Economic Affairs Division of the Finance Ministry titled, “Filling up the Post of Chairman, Securities, and Exchange Board of India”.

The order invites applications for filling up the post of SEBI Chairman. The Chairman will receive a consolidated pay of Rs 4.5 lakh per annum as recommended by the Seventh Pay Commission, the recommendations of which were accepted by the government in 2016.

The Chairman shall hold office for not more than 5 years and shall not hold office beyond 65 years, whichever is earlier.

Applications are to reach by February 10 with annual confidential reports of five years, integrity certificates, vigilance certificates, and no penalty certificates. (IANS)

Also Read: Ex-director seeks SEBI probe into Yes Bank insider-trading

Also Watch: HSLC/AHM Examination 2020: Board of Secondary Education, Assam meeting held in Guwahati