Ministry of Finance Opens Applications for Key SEBI Position
NEW DELHI – The Government of India’s Ministry of Finance has announced an opening for the crucial post of Whole-Time Member at the Securities and Exchange Board of India (SEBI), a pivotal regulatory body for the nation’s securities and commodity markets. This appointment, which will be based in Mumbai, is a significant development for the financial sector as SEBI’s leadership plays a vital role in maintaining market stability and investor confidence.
A Five-Year Term for a Financial Leader
The advertisement, issued on September 4, 2025, specifies that the appointment will be for a maximum period of five years from the date the successful candidate assumes charge, or until they reach the age of 65, whichever comes first. This duration provides ample time for the new member to implement long-term strategic initiatives and contribute to the regulatory framework.
The post offers an attractive compensation package, with the appointee having two options:
- Pay scale equivalent to an Additional Secretary to the Government of India.
- A consolidated monthly salary of Rs. 5,00,000.
It is noted that the consolidated salary does not include a government-provided house or car.
Application Details and Eligibility
How to Apply
Interested and eligible candidates are required to submit their applications in the prescribed proforma. The application, along with certified copies of all necessary documents, must be forwarded through the proper channel (if applicable) to the Department of Economic Affairs, Ministry of Finance, located in Room No. 71-B, North Block, New Delhi. The deadline for submission is Monday, October 6, 2025.
In addition to physical submission, applications can also be sent via email to shekhar.80@gov.in and kuldeep.bhardwaj@nic.in. The Ministry has explicitly stated that incomplete applications or those received after the deadline will not be considered.
The complete list of eligibility conditions and other particulars for the post are available on the Ministry’s official website. Candidates are advised to review the details carefully before applying.
The Role of a Whole-Time Member at SEBI
A Whole-Time Member is part of SEBI’s senior management team, responsible for supervising and regulating India’s financial markets. Their duties involve overseeing market operations, implementing new policies to enhance market efficiency, and protecting the interests of investors. The appointment of a qualified and experienced individual to this position is key to SEBI’s ongoing mission to ensure fair and transparent market practices.1
Reference and Notification Links
- TOI, New Delhi – 4/9/2025
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