New Delhi: Economic affairs secretary Ajay Seth was on Saturday given additional charge of the post of secretary, Department of Revenue, according to a personnel ministry order. The vacancy was necessitated following the appointment of revenue secretary Tuhin Kanta Pandey as the chairman of the Securities and Exchange Board of India (SEBI) on February 27. The competent authority has approved the assignment of the additional charge of the secretary of the Department of Revenue to Ajay Seth, secretary of the Department of Economic Affairs till the appointment of a regular incumbent, the order said.
Pandey assumed charge as the 11th chairman of capital markets regulator Sebi. He replaces Madhabi Puri Buch, whose three-year tenure ended on Friday. Buch, who is reportedly unwell, was not present when Pandey arrived. Dressed in a dark blue blazer and a striped shirt, Pandey arrived at the Sebi headquarters in the Bandra Kurla Complex business district on Saturday afternoon.