Seven people have been shortlisted for the final interview for the post of SEBI’s wholetime-member (WTM) to be held in New Delhi on September 25. Ashwani Kumar, Chairman & MD of Dena Bank is the frontrunner for the post, a source close the development told BusinessLine .

Others in the race include Shashank Saksena, Joint Secretary, Department of Economic Affairs in Finance Ministry. Rajiv Nabar, Principal Commissioner, Income Tax Department, and PK Nagpal, ED, SEBI.

SEBI’s former ED Ranganayakulu, current officials SK Mohanty and Ananta Barua are among the others, who will be interviewed..

SEBI has three WTM posts and one fell vacant on September 6 when S Raman, who handled the legal and investigation departments, retired.

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