Sebi modifies the educational qualification criteria for the recruitment of new officials

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Capital markets regulator Sebi has changed rules on educational requirements to fill some official positions in its finance and investigations department.

Under the new rule, a bachelor’s degree in engineering in any discipline or a bachelor’s degree in any discipline with a postgraduate degree in computer application or information technology from a university or recognized institute is required to fill positions in categories D, E and F in information technology flow, Sebi said in a notification Wednesday.

To this end, the Securities and Exchange Board of India (Sebi) has amended the regulations relating to employee services.

Previously a Bachelor’s degree in Engineering (Electrical/Electronics/Electronics and Communication/Information Technology/Computer Science) or a Master’s degree in Computer Application or a Bachelor’s degree in any discipline with a postgraduate degree in Computer Science/Information Technology information was required to hire such agents in the technical stream. In January, Sebi changed rules related to filing executive director positions with the regulator.

Under the amended rules, two-thirds of the total number of executive director positions will be filled by internal candidates and the remaining third, no more than three, will be filled by delegation or on a contractual basis.

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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