Prasanta Mahapatra — SEBI Executive Director

Prasanta Mahapatra assumed charge as an Executive Director of SEBI.

Responsibilities

• Corporation Finance Investigation Department (CFID)
• Recovery and Refund Department (RRD)

Career

• Joined SEBI: April 1999
• 27+ years of experience
• Worked in:
  • Market Regulation
  • Investigation
  • Enquiries & Adjudication
  • Market Intermediaries Regulation & Supervision
  • Corporation Finance
  • Investment Management

SEBI Static Facts

• Established as non-statutory body: 12 April 1988
• Statutory powers: 30 January 1992
• Law: SEBI Act, 1992
• Headquarters: Mumbai

Prelims Trap: SEBI was established in 1988 but became a statutory body in 1992.