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Government on Wednesday prolonged Ajay Tyagi’s term as Sebi chairman by 18 months till February 2022.
Appointments Committee of the Cabinet permitted extending Tyagi’s term as chairman of Securities and Exchange Board of India for an extra interval of 18 months with impact from 1 September to 28 February, 2022.
In February 2020, Ajay Tyagi’s term was prolonged by one other six months.
Tyagi was appointed chairman of the market regulator on 10 February, 2017, changing U Okay Sinha, and took cost of the chairman workplace on 1 March, 2017.
Tyagi is a 1984 batch IAS officer of Himachal Pradesh cadre.
He hails from Uttar Pradesh and is a Post Graduate in Economics. He did Master in Public Administration from Harvard and holds Master in Technology (Computer Science).
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