Introduction: In a significant development, Shri Govindayapalli Ram Mohan Rao (Shri G.R.M. Rao) has taken charge as the Executive Director of the Securities and Exchange Board of India (SEBI) on January 3, 2024. His appointment, announced through PR No. 01/2024, brings a seasoned professional to oversee the critical departments of Investigation and Internal Inspection at SEBI.

Detailed Analysis: Shri G.R.M. Rao brings a wealth of experience to his new role at SEBI. Prior to assuming the position of Executive Director, he served as the Regional Director of the Eastern Regional Office of SEBI. In this capacity, he handled diverse portfolios, including but not limited to, Inspections, Collective Investment Schemes, Litigation, Recovery, Investor Service Centers, Investor Awareness, Financial Education, redressal of grievances, and co-ordination with 13 States/ UTs. His multifaceted responsibilities underscore his comprehensive understanding of the regulatory landscape.

Before his stint in the Eastern Regional Office, Shri Rao managed critical roles, including oversight of Inspections, Investigations, and Market Surveillance. His experience extends to service at the Northern Regional Office and the Serious Fraud Investigation Office, reflecting a versatile career within SEBI.

Shri Rao’s educational background is equally impressive, holding an Engineering and MBA degree from Osmania University, Hyderabad. Additionally, he possesses a Law degree from Mumbai University, augmenting his legal acumen. His certification as a fraud examiner (ACFE) further demonstrates his commitment to maintaining integrity and transparency within the financial sector.

As the newly appointed Executive Director, Shri G.R.M. Rao is set to steer SEBI’s Investigation Department and Internal Inspection Department for a tenure of three years. This crucial role positions him at the forefront of ensuring compliance, market integrity, and investor protection, aligning with SEBI’s overarching objectives.

Conclusion: The appointment of Shri Govindayapalli Ram Mohan Rao as the Executive Director of SEBI marks a strategic move to strengthen the regulatory body’s leadership. His extensive background in various facets of SEBI’s operations, coupled with a robust educational foundation, positions him as a capable leader to navigate the complexities of overseeing Investigation and Internal Inspection.

Investors, market participants, and stakeholders will be keenly watching how Shri G.R.M. Rao steers SEBI’s regulatory initiatives and contributes to the organization’s overarching mandate. This development signifies SEBI’s commitment to having seasoned professionals at the helm, instilling confidence in the regulatory framework overseeing India’s securities market.

Securities and Exchange Board of India

Press Release No. 01 /2024

Shri Govindayapalli Ram Mohan Rao takes charge as Executive Director, SEBI

Shri Govindayapalli Ram Mohan Rao took charge as Executive Director, Securities and Exchange Board of India (SEBI) in Mumbai on January 03, 2024. Shri Rao has been appointed for a period of three years. He will handle Investigation Department and Internal Inspection Department.

Prior to this assignment, Shri Rao was Regional Director of the Eastern Regional Office of SEBI and supervised diverse portfolios such as, Inspections, Collective Investment Schemes, Litigation, Recovery, setting up of Investor Service Centers, Investor Awareness, Financial Education, redressal of grievances, co-ordination with 13 States/ UTs, etc. Prior to that, he has also handled portfolios such as, Inspections, Investigations and Market Surveillance. He has also served at the Northern Regional Office and Serious Fraud Investigation Office.

Shri Rao is an Engineer and MBA from Osmania University, Hyderabad. He also holds a Law degree from Mumbai University and is a certified fraud examiner, ACFE.

Mumbai
January 04, 2024

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