Kompella Venkata Ramana Murty, a 1991-batch Indian Defence Accounts Service officer and former Additional Controller General of Defence Accounts, has been named a whole-time member of the Securities and Exchange Board of India (SEBI) for a three-year term, as per the Department of Economic Affairs. The government’s Appointments Committee of the Cabinet approved his appointment for three years or until further notice upon assuming charge. Murty previously served on the SEBI board as a part-time member representing the Ministry of Corporate Affairs.
His appointment increases the number of whole-time SEBI board members to four following vacancies last year. Other whole-time members include Kamlesh Chandra Varshney and Sandip Pradhan from the Indian Revenue Service (Income Tax) cadre, and Amarjeet Singh, who advanced within SEBI. The SEBI board consists of a chairman, four whole-time members, and four part-time members, with Tuhin Kanta Pandey currently serving as chairman since March 1, 2025.
Whole-time members play a vital role in decision-making, investigations, and policy implementation crucial for India’s capital markets’ growth. Part-time SEBI board members include Deepti Gaur Mukerjee (Secretary, Ministry of Corporate Affairs), Anuradha Thakur (Secretary, Department of Economic Affairs), Shirish Chandra Murmu (Deputy Governor, Reserve Bank of India), and N. Venkatram. SEBI’s Chairman recently highlighted the significance of Alternative Investment Funds (AIFs) in India’s capital markets, emphasizing their role in financing sectors that enhance the country’s economic resilience.
