The Securities and Exchange Board of India (SEBI) on Monday announced that Prasanta Mahapatra has assumed charge as Executive Director. He will oversee the Corporation Finance Investigation Department and the Recovery and Refund Department of the market regulator.
Prior to his elevation, Mahapatra served as Chief General Manager at SEBI. Having joined the regulator in April 1999, he has worked across several departments, including Market Regulation, Investigation, Enquiries and Adjudication, Market Intermediaries Regulation and Supervision, Corporation Finance and Investment Management. He has also served at SEBI's Eastern Regional Office in Kolkata.
SEBI said Mahapatra has served on several domestic policy making and advisory committees dealing with areas of mutual interest and cooperation with international regulators.