The government may soon decide on the successor to C B Bhave, chairman, Securities and Exchange Board of India (Sebi), with a selection panel scheduled to hold final interviews on December 3.
Among those short-listed for the post, U K Sinha, chairman, Association of Mutual Funds in India, and Corporate Affairs Secretary R Bandyopadhyay are said to be the top contenders, according to sources.
Sources said the committee could consider calling more candidates, apart from those already short-listed. One such person could be K P Krishnan, who is currently the secretary of the Economic Advisory Council to the Prime Minister and was formerly a joint secretary in the Capital Market Division of the Department of Economic Affairs under the finance ministry.
About half a dozen persons had been selected for the final interviews, but at least two of them – State Bank of India Chairman O P Bhatt and Reserve Bank of India Deputy Governor K C Chakrabarty – might not be interested in the position, sources said.
Sources said the panel had zeroed in on seven candidates at its last meeting, but some of them opted out.
