Madhabi Puri Buch
Madhabi Puri Buch | |
|---|---|
| Chairperson of the Securities and Exchange Board of India | |
| In office 1 March 2022 – 28 February 2025 | |
| Preceded by | Ajay Tyagi |
| Succeeded by | Tuhin Kanta Pandey |
| Personal details | |
| Born | 12 January 1965 |
| Spouse | Dhaval Buch |
| Alma mater | IIM Ahmedabad St. Stephen's College, Delhi Delhi University |
Madhabi Puri Buch (born 12 January 1965) is an Indian businesswoman who is the former chairperson of the securities regulatory body in India, Securities and Exchange Board of India (SEBI), for 3 years. She was the first woman to lead SEBI, and the first person from the private sector to be appointed to this position.
From April 2017 to March 2022, she functioned as a whole time member of SEBI, and was responsible for important regulatory orders. Buch has been credited with bringing rapid changes that improved the system as well as improved the efficiency of the regulatory body.
In August 2024, Hindenburg Research, a short-selling activist firm, accused her and her husband of having a stake in dubious offshore entities used to artificially inflate shares of companies owned by the Adani Group. They denied the claims. The anti-corruption ombudsman, Lokpal, dismissed the complaint and gave a clean chit to Buch, citing a lack of credible evidence.