Description

Shri Sandip Pradhan assumed office as Whole Time Member of SEBI on December 04, 2025, bringing over three decades of experience from the Income Tax Department and sports administration.

Summary

Shri Sandip Pradhan took charge as Whole Time Member of the Securities and Exchange Board of India (SEBI) on December 04, 2025. Prior to this appointment, he served as Director General of Income Tax (Investigation) in Pune. In his new role, he will oversee Market Intermediaries Regulation and Supervision Department, Alternative Investment Fund and Foreign Portfolio Investors Department, Information Technology Department, Office of Investor Assistance and Education, and National Institute of Securities Market.

Key Points

  • Shri Sandip Pradhan assumed office as SEBI Whole Time Member on December 04, 2025
  • Previously served as Director General of Income Tax (Investigation) in Pune
  • Educational background: B.Tech in Computer Science from IIT Kanpur
  • Over three and half decades of experience in Income Tax Department across investigation, assessment, administration, judicial matters, and systems
  • Worked in Ahmedabad, Surat, Mumbai, and Pune during his career
  • Previously served as Director General, Sports Authority of Gujarat and Sports Authority of India
  • Spearheaded Khelo India Scheme and Target Olympic Podium Scheme (TOPS)
  • Served as Member Convener of Olympic Task Force formed by Government of India

Departments Under Supervision

Shri Pradhan will handle the following departments:

  • Market Intermediaries Regulation and Supervision Department
  • Alternative Investment Fund and Foreign Portfolio Investors Department
  • Information Technology Department
  • Office of Investor Assistance and Education
  • National Institute of Securities Market

Professional Background

Income Tax Department Experience

Spanning over three and half decades, Shri Pradhan handled various verticals including:

  • Investigation
  • Assessment
  • Administration
  • Judicial matters
  • Systems development

Sports Administration Contributions

  • Director General, Sports Authority of Gujarat
  • Director General, Sports Authority of India
  • Member Convener, Olympic Task Force (Government of India)
  • Key architect of Khelo India Scheme
  • Led Target Olympic Podium Scheme (TOPS) implementation

Regulatory Changes

No regulatory or policy changes announced. This is a personnel appointment announcement.

Compliance Requirements

No new compliance requirements for market participants.

Important Dates

  • December 04, 2025: Date Shri Sandip Pradhan took charge as Whole Time Member, SEBI
  • December 05, 2025: Press release date

Impact Assessment

This is an organizational announcement regarding a senior leadership appointment at SEBI. There are no immediate market, trading, or compliance implications for market participants. The announcement is informational in nature, introducing the new Whole Time Member who will oversee key regulatory and supervisory departments including market intermediaries, AIFs, FPIs, IT infrastructure, and investor education initiatives.

Impact Justification

Press release announcing leadership appointment with no direct market, trading, or compliance implications for market participants