Mr. Gurumoorthy Mahalingam brings a rich experience of over four decades and is a stalwart in the
financial industry. His scope of experience spans financial market development, securities market
regulation, debt and forex management, as well as regulation and supervision of banks.
Mr. Mahalingam has previously worked in the capacity of Chief Dealer and Executive Director in-charge
(Reserve Bank of India) - Forex Market Interventions; Management of Forex Reserves; Rupee Liquidity
Policy and Operations. He is widely acknowledged for playing an instrumental role in framing various
financial market regulations for the RBI.
He has effectively served as a Whole-Time Board Member of the Securities & Exchange Board of India
(SEBI) between the period of 2016 and 2021, carrying out executive responsibility for regulating mutual
funds, stock exchanges, listed companies, foreign portfolio investors, corporate governance aspects,
derivatives and corporate bond markets, besides supervising investigations and enforcement actions in
regard to violations of securities laws and regulations.
Mr. Mahalingam is currently chairing the SEBI Advisory Committee on Secondary Markets and the
Corporate Bond market.
A post-graduate in Statistics and Operations Research from IIT Kanpur, and an MBA in International
Banking and Finance from the Birmingham Business School in the United Kingdom, Mr. Mahalingam
began his career as a commercial banker with the State Bank of India in 1978.
Letter of Appointment
