Clarification on women directors on Sebi

FP Staff April 1, 2015, 10:32:45 IST

The Secretary, Ministry of Corporate Affairs, Ms Anjuli Chib Duggal is a member of the Sebi board.

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Clarification on women directors on Sebi

This is with reference to an article published by Firstpost titled “Practice before you preach? No women on Sebi board despite directive to India Inc” where it was erroneously mentioned that all the directors on the Sebi board were men.

The Secretary, Ministry of Corporate Affairs, Ms Anjuli Chib Duggal is a member of the Sebi board. Therefore to say that Sebi does not have a woman member on its board is misleading.

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Moreover, as per the Sebi Act, members of the board are appointed by the Central Government. Sebi itself is not involved in the constitution of the board.

Firstpost regrets the error in the story, which has since been withdrawn.

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