PR No. 80/2025; Dated: 05.12.2025
1. Appointment Overview
Shri Sandip Pradhan has officially taken charge as a Whole-Time Member (WTM) of the Securities and Exchange Board of India (SEBI). His appointment strengthens SEBI’s senior leadership bench, which plays a critical role in regulatory policy, market supervision, and investor protection.
2. Departmental Responsibilities
In his new role, Shri Pradhan will oversee a diverse portfolio of departments that are central to securities market regulation and capacity building. His functional charge includes the following SEBI divisions:
- Market Intermediaries Regulation and Supervision Department (MIRSD) – Responsible for policy formulation, registration, and ongoing supervision of regulated intermediaries such as brokers, registrars, debenture trustees, research analysts, investment advisers, and custodians.
- Alternative Investment Funds (AIF) and Foreign Portfolio Investors (FPI) Department – Handles oversight of AIFs, FPIs, venture capital funds, hedge funds, private equity vehicles, and global portfolio investment flows.
- Information Technology Department – Manages SEBI’s technology platforms, market data infrastructure, cyber-governance frameworks, and digital regulatory systems.
- Office of Investor Assistance and Education (OIAE) – Focuses on investor grievance redressal, financial literacy initiatives, and dispute closure mechanisms.
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National Institute of Securities Markets (NISM) – SEBI’s capacity-building and certification institution, responsible for training, academic programmes, and policy research in securities markets.
3. Prior Professional Experience
Before taking charge at SEBI, Shri Pradhan served as the Director General of Income Tax (Investigation), Pune, where he managed high-stakes tax enforcement, intelligence, and investigative operations. His long-standing experience in tax administration brings strong regulatory, compliance, and supervisory capabilities to SEBI.
4. Strategic Significance
With financial markets witnessing rapid institutionalisation, higher foreign investment participation, and growing digital intermediation, Shri Pradhan’s cross-sector enforcement background is expected to:
- Strengthen intermediary supervision and compliance discipline
- Enhance governance systems for AIFs and FPIs
- Improve investor grievance redressal and education frameworks
- Support technology-led market oversight and cyber resilience
His appointment contributes to SEBI’s continued effort to bolster market integrity, investor protection, and regulatory predictability.
Click Here To Read The Full Press Release
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