Damodaran appointed SEBI chairman
Our Markets Bureau
18 February 2005
.Damodaran met finance minister P Chidambaram yesterday evening but told reporters that he was yet to receive any communication from the finance ministry on his appointment as SEBI chairman. Bajpai had also met Chidambaram earlier in the day.
Damodaran will be the fifth SEBI chairman. Apart from Bajpai, his predecessors are GV Ramakrishna, SS Nadkarni and DR Mehta.
Damodaran, an IAS officer, was earlier officer on special duty with the Reserve Bank of India, dealing primarily with the restructuring of three identified weak public sector banks. He was also joint secretary, banking, for five years.