Dr. M. S. Sahoo
Dr. M. S. SahooChairperson
Insolvency and Bankruptcy Board of India

Dr. M. S. Sahoo, an acclaimed thought leader in the area of securities markets and a distinguished public servant, currently serves as Chairperson of the Insolvency and Bankruptcy Board of India. He has served as a Member of the Competition Commission of India, Secretary of the Institute of Company Secretaries of India, Whole-Time Member of the Securities and Exchange Board of India, and Economic Adviser with the National Stock Exchange of India and has held senior positions in the Government of India as a Member of Indian Economic Service.

Dr. Sahoo has substantially influenced reforms in Indian securities markets over the last two decades. He has conceptualized, designed, and steered major reforms such as dematerialization of securities (1995), architecture of regulator and regulatory tribunal (1995), trading of derivatives (1999), online examination for market professionals (2000), setting up National Institute of Securities Markets (2004), resolution of litigations relating to brokers' fee (2004), demutualization of stock exchanges (2005), trading of currency derivatives (2008), and the rule of law in securities markets.

Dr. Sahoo is credited with a few landmark orders, including disgorgement and settlement of securities market infractions, and has significantly contributed to the development of securities jurisprudence. He has been a Member/Chairman of several committees set up by the Ministry of Finance, SEBI, RBI, IRDAI, and WDRA. These include Chairman of the Committees (Sahoo Committee I, II, and III) on Depository Receipts, Domestic and Overseas Capital Markets, and External Commercial Borrowing.

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