Sebi appoints Gyan Bhushan as chief vigilance officer
Capital market watchdog Sebi has appointed Gyan Bhushan as its chief vigilance officer.
He replaces R K Padmanabhan, whose role as chief vigilance officer (CVO) has come under the scanner of CBI with regard to an inquiry in connection with purported weakening of a case against promoters of Bank of Rajasthan (BoR).
Bhushan has been appointed as CVO at Securities and Exchange Board of India (Sebi), according to sources.
CBI has registered a preliminary enquiry looking into the alleged weakening of the Bank of Rajasthan case. BoR was acquired by ICICI Bank in 2010.