Government Appoints KV Ramana Murty As Sebi Whole-Time Member

The government has appointed Kompella Venkata Ramana Murty, a 1991-batch officer of the Indian Defence Accounts Service (IDAS), as a whole-time member (WTM) of the Securities and Exchange Board of India (Sebi). 

The appointment was cleared by the Appointments Committee of the Cabinet, according to a notification issued by the Department of Economic Affairs on March 11. 

Appointment Fills Key Position on Sebi Board 

Murty will serve for a three-year term from the date he assumes office, or until further orders, whichever is earlier. 

His appointment increases the number of whole-time members on Sebi’s board to four, following vacancies that had emerged after the completion of the tenures of Ashwani Bhatia and Ananth Narayan G. 

Murty previously served as Additional Controller General of Defence Accounts and brings extensive experience in public financial administration. 

He also has prior association with the market regulator, having earlier served as a part-time member on the Sebi board representing the Ministry of Corporate Affairs. 

Board Composition  

With Murty’s induction, Sebi’s whole-time members now includes 4 whole-time members including Kamlesh Chandra Varshney, Amarjeet Singh, and Sandip Pradhan. Pradhan took charge as a whole-time member in December 2025. Varshney and Pradhan belong to the Indian Revenue Service (Income Tax) cadre, while Singh rose through the ranks within Sebi. 

The Sebi board structure consists of a chairman, four whole-time members and four part-time members. The part-time members include representatives from key institutions such as the Ministry of Corporate Affairs, the Ministry of Finance, and the Reserve Bank of India. 

The current chairman of the regulator is Tuhin Kanta Pandey, who assumed charge in March last year. 

Read More: SEBI Proposes Simpler Rules for Transmission of Securities After Investor’s Death! 

Conclusion 

Whole-time members play a central role in Sebi’s functioning, including policy formulation, regulatory oversight and enforcement actions aimed at strengthening and developing India’s capital markets. 

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