Madhabi Puri Buch Biography – Who is Madhabi Puri Buch? Madhabi Puri Buch is a prominent Indian financial executive and the current chairperson of the Securities and Exchange Board of India (SEBI). Born in 1966, she has made history as the first woman to lead SEBI and is also the first person from the private sector to be appointed to this prestigious position. Buch has been instrumental in bringing significant reforms to SEBI, focusing on improving the efficiency and corporatization of the organization.
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Madhabi Puri Buch Biography
Attribute | Details |
---|---|
Full Name | Madhabi Puri Buch |
Date of Birth | 1966 |
Age | 58 years (as of 2024) |
Place of Birth | India |
Education | B.Sc. in Mathematics (St. Stephen’s College, Delhi), MBA (IIM Ahmedabad) |
Position | Chairperson of SEBI (Securities and Exchange Board of India) |
Husband | Dhaval Buch |
Children | Son: Abhay, Daughter: Name not disclosed |
Net Worth | $9.9 million (as of 2024) |
Nationality | Indian |
Early Life and Education
Madhabi Puri Buch received her early education at Fort Convent School in Mumbai and Convent of Jesus and Mary in Delhi. She later pursued higher education at St. Stephen’s College, Delhi, where she graduated with a specialization in Mathematics. Her academic journey continued at the Indian Institute of Management (IIM) Ahmedabad, where she earned an MBA.
Career and Achievements
Madhabi Puri Buch’s career is marked by a series of significant milestones. Before being appointed as the chairperson of SEBI, she served as a whole-time member of the regulatory body, working closely with the former chairperson, Ajay Tyagi. Her tenure as SEBI’s chairperson is characterized by rapid changes and reforms aimed at strengthening the regulatory framework and enhancing the organization’s operational efficiency.
In August 2024, Buch found herself at the center of controversy when Hindenburg Research, a short-selling activist firm, accused her and her husband of having a stake in offshore entities allegedly used to artificially inflate shares of companies owned by the Adani Group. Both Buch and her husband denied the allegations.
Madhabi Puri Buch Husband – Personal Life
Madhabi Puri Buch is married to Dhaval Buch, and they have a son named Abhay. Details about her daughter have not been disclosed publicly. Despite her high-profile career, she has maintained a relatively private personal life.
Madhabi Puri Buch Net Worth
As of 2024, Madhabi Puri Buch’s net worth is estimated to be around $9.9 million. Her wealth is a reflection of her successful career in the financial sector.
Conclusion
Madhabi Puri Buch’s journey from a student of mathematics to the first woman chairperson of SEBI is a testament to her dedication, expertise, and leadership. Her contributions to India’s financial regulatory framework have been substantial, and her legacy continues to inspire many in the industry