The Securities and Exchange Board of India (SEBI), on Friday, appointed S. Raman as its whole-time member for five years.

“S. Raman took charge as whole-time member of Securities and Exchange Board of India in Mumbai on Friday for a tenure of five years or till attainment of 65 years of age whichever is earlier,” SEBI said in a press release.

Before his appointment as whole-time member, Mr. Raman served as Chairman and Managing Director of Canara Bank from September, 2010, to September, 2012.

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