Feb 10 India has appointed finance ministry
executive Ajay Tyagi as the chairman of its capital markets
regulator for a five-year term.
Tyagi, who is currently an additional secretary of India's
economic affairs department, succeeds Upendra Kumar Sinha as the
chairman of Securities and Exchange Board of India (SEBI).
Sinha's three-year term began in February 2011, following
which he got two extensions, making him one of the
longest-serving SEBI chiefs.
(Reporting by Sudarshan Varadhan in New Delhi; Editing by Greg