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KV Ramana Murty Appointed as SEBI Whole-Time Member for 3-Year Term

The government has appointed Kompella Venkata Ramana Murty as a whole-time member of SEBI for a three-year term. Murty, a former senior defence accounts officer, had previously served on the SEBI board as a part-time member. His appointment fills a vacancy and brings the number of whole-time members on the regulatory board to four. The SEBI board, led by Chairman Tuhin Kanta Pandey, plays a crucial role in the development and regulation of India's capital markets.

Key Points: KV Ramana Murty Appointed Whole-Time Member of SEBI

  • Appointment for three-year term
  • Former Additional Controller General of Defence Accounts
  • Brings SEBI whole-time members to four
  • Role in market policy and investigations
  • Part of broader SEBI board structure
2 min read

KV Ramana Murty appointed as SEBI's whole‑time member

Government appoints KV Ramana Murty as SEBI whole-time member for three years, filling a vacancy and bringing the board to full strength.

"The current geopolitical situation is a reminder that capital must do more than chase returns. It must also build resilience. - Tuhin Kanta Pandey"

Mumbai, March 13

Kompella Venkata Ramana Murty, a 1991‑batch Indian Defence Accounts Service officer and former Additional Controller General of Defence Accounts, has been appointed as a whole‑time member of the Securities and Exchange Board of India for a three‑year term, the Department of Economic Affairs said in an official statement.

The government's Appointments Committee of the Cabinet approved Murty's appointment for a period of three years from the date he assumes charge, or until further orders, the announcement said.

Murty had previously served on the SEBI board as a part‑time member representing the Ministry of Corporate Affairs.

His appointment brings the number of whole‑time members on the SEBI board to four after vacancies last year. The other whole‑time members include Kamlesh Chandra Varshney, and Sandip Pradhan who are from the Indian Revenue Service (Income Tax) cadre and Amarjeet Singh who rose through the ranks at SEBI.

The SEBI board comprises a chairman, four whole‑time members and four part‑time members. Tuhin Kanta Pandey, the current chairman of the board, assumed office on March 1, 2025.

Whole-time members play an important role in decision-making, investigations and implementation of policies crucial for the development of India's capital markets.

The part time members of SEBI Board include Deepti Gaur Mukerjee (Secretary, Ministry of Corporate Affairs), Anuradha Thakur (Secretary, Department of Economic Affairs), Shirish Chandra Murmu (Deputy Governor, Reserve Bank of India) and N. Venkatram.

The SEBI Chairman, earlier this week, said Alternative Investment Funds (AIFs) have emerged as an important pillar of India's capital markets and are increasingly playing a key role in financing sectors that strengthen the country's economic resilience.

"The current geopolitical situation is a reminder that capital must do more than chase returns. It must also build resilience," Pandey said, adding that the AIF industry can help finance sectors such as renewables, energy storage, logistics and supply chains that are critical to strengthening India's economic capacity.

- IANS

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Reader Comments

P
Priya S
While I appreciate the appointment of experienced bureaucrats, I hope SEBI continues to focus on appointing more members with direct capital markets expertise. The balance between career bureaucrats and market professionals is crucial for effective regulation.
R
Rohit P
The Chairman's comments on AIFs financing renewables and supply chains are spot on! This is exactly the kind of strategic thinking we need. Capital should build national resilience, not just chase quick returns. Hope the new board pushes this agenda forward. 💪
S
Sarah B
Interesting to see the mix of backgrounds on the SEBI board now – IRS, SEBI's own ranks, and now Defence Accounts. Diversity in experience can be a strength for a complex regulator. The key will be how well they work together as a team.
V
Vikram M
Filling the vacancies is a positive step. A full-strength board is essential for timely decision-making, especially with the markets evolving so fast. Hope Mr. Murty's tenure brings more stability and proactive measures to protect small investors like us.
K
Kavya N
As someone who invests in mutual funds, my main hope is that SEBI continues to crack down on misselling and improve transparency. The board's composition matters less to me than the outcomes for common investors. All the best to the new member!

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