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Mumbai, Jan. 5

The Government appointed selection committee is meeting on Tuesday to short list applicants for the post of a wholetime member for Securities and Exchange Board of India. The SEBI post will fall vacant when Dr T.C. Nair completes his term as a wholetime member next month. According to sources, existing executive directors of SEBI and an IAS officer from the Maharashtra cadre are among the applicants for the post. Mr T.C. Nair’s portfolio includes, Primary markets, FI Is, Mutual Funds and corporate bonds. SEBI currently has three Wholetime members. Other two members are Mr M.S. Sahoo and Dr K.M. Abraham, both joined last year. Though EDs of SEBI had applied last time when two posts of whole time members fell vacant, the selection committee had chosen outside candidates.

– Our Bureau

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