Govt appoints KV Ramana Murty as whole-time member of Sebi for 3-year term

Why in News?

The Government of India has appointed Kompella Venkata Ramana Murty as a Whole-Time Member (WTM) of the Securities and Exchange Board of India.

The appointment has been made for a three-year term.

About the Appointment

The appointment was approved by the Appointments Committee of the Cabinet (ACC).

The official announcement was made by the Department of Economic Affairs (DEA).

Background of K. V. Ramana Murty:

1991-batch officer of the Indian Defence Accounts Service.

Previously served as Additional Controller General of Defence Accounts.

Earlier worked as a part-time member of the SEBI board representing the Ministry of Corporate Affairs.

Composition of the SEBI Board:

Chairman: Tuhin Kanta Pandey

Assumed office on 1 March 2025.

Whole-Time Members (WTMs):

K. V. Ramana Murty

Kamlesh Chandra Varshney

Sandip Pradhan

Amarjeet Singh

(Murty’s appointment fills vacancies and brings the total number of whole-time members to four.)

Part-Time Members of SEBI Board

Deepti Gaur Mukerjee

Anuradha Thakur

Shirish Chandra Murmu

N. Venkatram

Role of Whole-Time Members in SEBI

Whole-time members play a key role in the functioning of SEBI:

Participate in policy-making and decision-making

Supervise investigations and enforcement actions

Implement regulations related to capital markets

Help maintain fair and transparent financial markets

Key points:

AIFs have become an important pillar of India’s capital markets.

They help finance critical sectors such as:

Renewable energy

Energy storage

Logistics

Supply chains

These sectors help strengthen India’s economic resilience in changing geopolitical situations.