RBI Approves S. Ravindran as TMB's Part-Time Chairman

Shri.S.Ravindran aged 61 years, holds a bachelor’s  degree in Commerce. In addition, he is also a Chartered Accountant and Cost Accountant. 

Policy Framework: Market Development

He has extensive work experience of 29 years at the Securities and Exchange Board of lndia (SEBI) and was Executive Director from August 2011 to May 2022. As Executive Director in SEBI handled all major Departments in SEBI and initiated / implemented various  policy measures for development / regulation of securities markets relating to; Mutual Funds,  Corporate Governance, Market Infrastructure Institutions and Market Intermediaries, Market  Surveillance and Risk Management, IPOs, Accounting standers Disclosure and  Transparency etc., Corporate restructuring, Takeovers, Buybacks, Delisting etc., and  Commodity Derivatives Market. 

As Advisor to Central Bank of Bahrain (on Deputation from SEBI – from Jan 2005 to Jan  2010), drafted and implemented Bahrain’s Securities Market/Regulatory Framework as per  International Standards and enabled Bahrain to enter into Multilateral MOU with IOSCO. 

As CGM / GM / DGM in SEBI (from Mar 1993 to Jan 2005): 

- Set up Surveillance Department in SEBI and developed Integrated Market Surveillance  System across stock exchanges and depositories for detecting potential violations. - Handled major investigation cases relating to 1999-2001 Market Manipulations (JPC  Cases), resulting in various enforcement actions. 

- Functioned as SEBI Nominee on the Governing Boards of Stock Exchanges. - Implemented Accounting Standards through Listing Requirements. - Cleared more than 200 IPOs as Dealing Division Chief. 

- Handled more than 100 investigation cases as Investigating Authority. - Functioned as quasi-judicial Enquiry/Adjudication Officer. 

- Registration of MFs/Market Intermediaries and Inspection of Stock Exchanges / Market  Intermediaries.  

Presently, he is an Independent Director on the Board of the National Stock Exchange of  India Limited (NSE), LTIDPL Invit Services Limited, Shriram Finance Limited and Bandhan  AMC Limited