SEBI’s ex-chief to chair institute for human settlements

May 28th, 2012 - 5:48 pm ICT by IANS  

Mumbai, May 28 (IANS) The Indian Institute for Human Settlements (IIHS) Monday announced the appointment of former SEBI chairman C.B. Bhave as the new executive chairperson of its board. He will replace eminent urban expert Shirish Patel.

The IIHS is a national education institution committed to the equitable, sustainable and efficient transformation of Indian settlements.

Bhave brings his expertise of building national institutions to the IIHS, which is amongst prospective national universities for research and innovation expected to help transform the country’s higher education, innovation and research landscape over the next few decades, a statement from the institute said.

Bhave was the chairman of the Securities and Exchange Board of India (SEBI), India’s capital markets regulator from 2008 to 2011. He was also the founding chairman and managing director of the National Securities Depository Limited (NSDL).

The Universities for Research and Innovation Bill, 2012, introduced recently in the Lok Sabha, is aimed at allowing the establishment and incorporation of research and innovation universities such as IIHS. Its first formal campus is coming up in Banglore.

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