Notes: Ajay Tyagi, a 1984 batch IAS officer of the Himachal Pradesh cadre, has become the 9th Chairman of markets regulator Securities and Exchange Board of India (SEBI) for a period of 3-years on March 1, 2017. He succeeded U K Sinha. Prior to this appointment, he has handled capital markets division in the Finance Ministry. Tyagi also has diverse experience at the Centre. He was Joint Secretary in Ministry of Environment, Forest and Climate Change before joining Finance Ministry in November 2014 as Additional Secretary. He has also worked in ministries of Petroleum and Natural Gas, Steel and Rural Development. The chairman of SEBI receives a consolidated pay package of Rs 4.5 lakh per month.