In two separate notifications, the department of economic affairs of the finance ministry said both the appointments are for three years from the date of assumption of charge or until further orders, whichever is earlier. The new members will fill in the vacancies created by the retirement of Ananta Barua and SK Mohanty.
Two whole-time member posts are up for grabs at Sebi, While Varshney is a favourite for one, two Sebi insiders Pramod Rao and VS Sundaresan, both currently serving as executive directors, are the front runners for the other post, , Kamlesh Varshney, sebi