The market regulator has appinted Ananta Barua and Dr Pradnya Saravade as executive director.

Market regulator Securities and Exchange Board of India (SEBI) has appointed Ananta Barua and Dr Pradnya Saravade as executive director. Both Mr Barua and Dr Saravade took charge on Thursday.

Earlier, Mr Barua was workign as legal adviser in the legal affairs department (LAD) at SEBI. He has been working in LAD since 1992 and has assisted the Board in framing of Regulations.

Mr Barua was also active in various committees including as Technical Member of Committee on Financial Sector Assessment, Justice Wadhwa Committee on re-allocation of IPO proceeds among various other committees. He also assisted Justice Bhagwati on Takeovers and Justice Dhanuka Committee on Securities Laws.

Dr Saravade is from the 1989 batch of the Indian Police Service (IPS) and has served in the states of West Bengal and Maharashtra and the Central Bureau of Investigation (CBI). She has been on deputation with SEBI since July 2008 and has been holding charge of Investigations Department in SEBI. As executive director, she will continue to head the Investigations Department of SEBI, the market regulator said in a release. — Moneylife Digital Team