The government on Monday appointed former Sebi member Madhabi Puri Buch as chairperson of the Securities and Exchange Board of India (Sebi). This is the first time that a woman will be heading the capital market regulator. She has replaced Ajay Tyagi, whose five-year term has come to an end. The Appointments Committee of Cabinet has approved Buch's appointment for an initial period of three years, sources said.
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