Femina’s Fabulous 40 for 2022The newest president of the country. The sportswomen who won laurels at the prestigious Commonwealth Games. Entrepreneurs whose businesses have grown this year. Award-winning actors and artistes. Women who lead us into the zone of inspiration, making us believe that anything is possible. Women who have worked hard, not only for themselves but also for others. There are too many, but this selection of 40 will motivate us all to push our boundaries as we continue to move ahead…
Madhabi Puri Buch
Chairperson of SEBI
Her appointment as chairperson of the Securities and Exchange Board of India (SEBI) in March 2022 marked two major firsts – Madhabi Puri Buch is the first woman and the first former private sector top level executive to head SEBI since it was founded in 1988. The regulatory body for the securities and commodity market in India under the ownership of Ministry of Finance, Government of India, is privileged to now have Madhabi at its helm for an initial term of three years. She brings with her invaluable experience in both the public and the private sector. Madhabi spent 20 years with ICICI Bank, as well as four years with SEBI as a whole-time member heading the divisions for investment management and collective investment schemes, which include mutual funds and alternative investment funds. Under her belt, she also has stints as business development head of Greater Pacific Capital LLP, a private equity firm in Singapore, as consultant to New Development Bank in Shanghai, and as founder-director of Agora Advisory Pvt Ltd, based in Singapore.
The alumna of St Stephen’s College, New Delhi, and IIM-Ahmedabad describes herself as “committed to data empowerment and risk and compliance.” She is known to be progressive, adaptive and instrumental in ensuring that the regulator is seen to be consultative on key policy reforms. Industry leaders recognise her to be agile, energetic and straight-talking, all essential attributes that will help her gauge the pulse of the markets, boost India’s digital transformation, and meet whatever challenges lie ahead.
“Technology is the magic bullet. Because what technology has shown us is (that) it is possible to reduce costs, serve the customer better, do better compliance, have better control and all of it at the same time.”
That things will be different under the new chief became very apparent in mid-September when she unveiled the Federation of Indian Chambers of Commerce & Industry’s (FICCI) initiative to strengthen compliance with a tech-based solution built to transform said compliance across organisations, allowing tracking of over 2,000 SEBI compliances and auto-generation of select SEBI disclosures, with additional features such as compliance document management, end-to-end board meeting management, and the generation of compliance calendars. She is quoted to have said on the occasion, “Technology is the magic bullet. Because what technology has shown us is (that) it is possible to reduce costs, serve the customer better, do better compliance, have better control and all of it at the same time.”
More power to technology, regulation and Madhabi is our unanimous verdict.