KVR Murty, on Wednesday, assumed charge as Whole-Time Member at the Securities and Exchange Board of India (SEBI).
With his appointment, SEBI now has four whole-time members, filling all sanctioned positions on the board.
Prior to this, Murty served as Additional Controller General of Defence Accounts in the Ministry of Defence. He holds a Master’s degree in Economics from the Delhi School of Economics and brings over three decades of experience spanning national security, financial advisory, and corporate law administration.
Key positions
Murty has held key positions including Principal Integrated Financial Adviser to the Indian Air Force, Financial Adviser to DRDO and Joint Secretary in the Ministry of Corporate Affairs. During his tenure at the ministry, he handled e-governance initiatives and policy formulation, and played a role in administering corporate laws.
He was also involved in conceptualising and piloting reforms aimed at improving ease of doing business, including the decriminalisation of corporate laws, which later formed the framework of the Jan Vishwas Bill.
Murty has previously served as a government nominee on the boards of SEBI and the National Financial Reporting Authority, as well as on the councils of ICAI, ICSI and ICMAI.
Murty’s induction strengthens the regulator’s board, taking the total number of whole-time members to four after operating with vacancies last year.