Madhabi Puri Buch was born 12 January 1966 in Mumbai, Maharashtra, India.
A graduate from Delhi’s prestigious St Stephen’s College and an MBA from IIM Ahmedabad, Madhabi Puri Buch has three decades of financial market experience.
Starting her career with ICICI Bank, she went on to become the managing director and CEO at ICICI Securities from February 2009 to May 2011.
In 2011, Buch left for Singapore to join private equity firm Greater Pacific Capital LLP. She later served as a consultant to the New Development Bank, set up by the BRICS bloc of nations, in Shanghai.
She is the founder-director of Agora Advisory Pvt Ltd.
Buch, who will assume charge on March 1, has worked closely with Tyagi as a whole-time member between April 05, 2017, and October 4, 2021.
She handled key portfolios such as surveillance, collective investment schemes, and investment management.
Sources said the Appointments Committee of Cabinet, headed by Prime Minister Narendra Modi, has approved Buch’s appointment for an initial period of three years.
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