<h1>New SEBI Chief Appointed: Ex-Finance Secretary to Lead Amid Market Challenges and Investor Withdrawals</h1> A seasoned bureaucrat, previously serving as Finance Secretary, has been appointed as the new head of the Securities and Exchange Board of India (SEBI) for a three-year term. This appointment follows the tenure of the first female SEBI chairperson from the private sector, who faced controversies during her term. The new SEBI chief, known for his adherence to rules, has extensive experience in government disinvestment and privatization, notably overseeing the privatization of Air India. He assumes leadership amid market challenges, including significant foreign investor withdrawals. His background includes significant roles in various government departments and contributions to economic policy development.