Press Release No.17/2026, Dated: 13.03.2026
The Securities and Exchange Board of India (SEBI) has announced the appointment of Dr Sadanand S. Date as Executive Director, effective 4 March 2026.
1. Role and Responsibilities
In his new role, Dr Date will head SEBI’s Investigations Department, which is responsible for:
- Investigating violations in the securities market
- Handling cases related to market abuse, fraud, and insider trading
- Strengthening enforcement and regulatory oversight
2. Professional Background
Dr Sadanand S. Date is a 2007-batch Indian Police Service (IPS) officer from the Uttarakhand cadre.
He has previously served on central deputation at the Central Bureau of Investigation (CBI), where he handled key responsibilities across:
- Economic offences
- Special crime investigations
- Anti-corruption cases
3. Experience in State Policing
In addition to his central deputation, Dr Date has held several leadership positions in the Uttarakhand Police, contributing to law enforcement and administrative functions at the state level.
4. Significance of the Appointment
The appointment of Dr Date brings extensive experience in investigation, enforcement, and regulatory action to SEBI. His background in handling complex economic and financial crime cases is expected to strengthen SEBI’s investigative capabilities and enforcement framework in the securities market.
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