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Government reappoints Sinha as SEBI chairman

| | Feb 19, 2016, at 09:45 pm
Mumbai, Feb 19 (IBNS) The central government on Thursday reappointed U K Sinha to the post of chairman of the Securities and Exchange Board of India (SEBI).

His tenure will be up to Mar 1, 2017 or until further orders, whichever is earlier.

An IAS officer of the Bihar cadre, Sinha, 64, has already completed five years in office.

The re-appointment came as a surprise to many, according to media reports, as the government had compiled a list of some very high-profile candidates, including, Ramesh Abhishek, chairman of the erstwhile commodity markets regulator Forward Markets Commission (FMC), State Bank of India chief Arundhati Bhattacharya and Thomas Mathew, a senior civil servant from the president's office.

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