Prime Highlights:
- N Venkatram, Country Chair of CDPQ India and CDPQ Global, has been appointed as a Part-Time Member of SEBI for three years.
- Experts view his appointment as a positive move for India’s capital markets, expecting strengthened regulations and increased investor confidence.
Key Facts:
- The appointment, announced by the Ministry of Finance on December 30, is made under the SEBI Act, 1992.
- Venkatram brings nearly four decades of experience in corporate strategy, governance, mergers, and finance, and has previously served on SEBI’s Mutual Fund and Corporate Governance Committees.
Background:
The Central Government has appointed N Venkatram, Country Chair of CDPQ India and CDPQ Global, as a Part-Time Member of SEBI for three years. The Ministry of Finance announced the appointment on December 30 under the SEBI Act, 1992.
The appointment takes effect from the date of assumption of charge and is subject to conditions stating that it will end upon Venkatram reaching the age of 70 or earlier if directed by the government. “The Central Government hereby appoints Shri N Venkatram, Country Chair, CDPQ India, CDPQ Global, as Part-Time Member of SEBI for a period of three years or until attaining the age of 70 years, whichever is earlier,” the official notification read.
Venkatram brings nearly four decades of experience spanning capital raising, mergers and acquisitions, corporate governance, and strategic leadership. In March 2024, he was named Country Chair for CDPQ India, part of Caisse de dépôt et placement du Québec, one of Canada’s largest pension funds and a leading global investor.
Before joining CDPQ, Venkatram served as CEO and Managing Partner of Deloitte South Asia for eight years, during which the firm’s revenues grew more than 4.5 times. He also worked on the Global Executive of Deloitte Touche Tohmatsu and the Executive Committee of Deloitte AP. A Chartered Accountant, Venkatram has been involved in India’s financial sector through SEBI’s Mutual Fund and Corporate Governance Committees.
Experts view his appointment as a positive move for India’s capital markets. His experience in strategy, governance, and finance is expected to improve regulations and increase investor confidence.
