Mr. Ananta Barua has more than 3 decades of experience as a regulator in finance, capital market and financial services related field. He joined Securities & Exchange Board of India (‘SEBI’) in December 1992 and served in various capacities & roles across various departments such as Legal Affairs Department, Investment Management Department, Department of Debt & Hybrid Securities REIT, InvIT, Foreign Portfolio Investor, Enforcement Department etc. He was also Executive Director at SEBI for about eight years (May 19, 2010 to July 31, 2018) and retired from SEBI as a Whole Time Member where he served for five years (August 1, 2018 to July 31, 2023), overseeing the administrative and functional roles of various departments of SEBI like IMD (Investment Management Department), AIF, PMS, DDHS (Department of Debt and Hybrid Securities), MRD (Market Regulation Department), MIRSD (Market Intermediaries Regulation & Supervision Department), LAD (Legal Affairs Department), SEC (Special Enforcement Cell), RRD (Recovery and Refund Department), EAD (Enquiries and Adjudication Department), EFD (Enforcement Department), Parliamentary Questions (PQ) Cell, RTI Cell and Board Cell.
As a Whole Time Member of SEBI, dealt with policy, executive proposals and approval of the regulations and acted as Quasi-Judicial authority and settlement authority.
During his tenure with SEBI, Mr. Barua was also deputed to Central Bank of Bahrain (‘CBB’) for two years (September 4, 2004 to September 6, 2006) where he assisted CBB / Bahrain Monetary Agency (‘BMA’) to develop regulatory framework for securities market and securities laws such as for IPOs, mutual funds, Insider trading, takeovers, corporate governance,regulation of intermediaries, internal control and risk management, financial crime, anti-money laundering, regulation of listed Companies, etc.
He was also SEBI Nominee at Investor Education and Protection Fund, National Advisory Committee on Accounting Standards, G20 Green Finance Study Group, IOSCO Policy Committee 5 on Investment Management and sub-group on assessment methodologies for identifying Non-Bank Non-Insurer Global Systemically Important Financial Institutions, Working Group on Retail Structured Products Task Force on Unregulated Markets and Product under IOSCO, Group on Developing Capital Markets for intermediating long term savings for investment in infrastructure projects, Department of Economic Affairs, Group on foreign capital inflows for infrastructure.
He also served as a chairman of Working Group to suggest measures for promoting Residential Mortgage Backed Security (‘RMBS’) and other alternative capital market instruments such as covered bonds etc. constituted by National Housing Bank.
After retiring from SEBI, he is currently a Member of Fund Management Advisory Committee (‘FMAC’) of International Financial Service Centre Authority (‘IFSCA’) in Gift City since September 27, 2023, Chairman of Expert Committee on ReITs and InvITs in IFSCA in Gifty City from January 19, 2024 and Member of Confederation of Indian Industries (‘CII WR’) Taskforce on Banking and Finance from July 15, 2024, Independent External Professional (‘IEP’) in the Regulatory Oversight Committee of CDSL from October 7, 2024.
Profile of Ananta Barua
Mr. Ananta Barua has more than 3 decades of experience as a regulator in finance, capital market and financial services related field. He joined Securities Exchange Board of India (‘SEBI’) in December 1992 and served in various capacities roles across various departments such as Legal Affairs Department, Investment Management Department, Department of Debt Hybrid Securities REIT, InvIT, Foreign Portfolio Investor, Enforcement Department etc. He was also Executive Director at SEBI for about eight years (May 19, 2010 to July 31, 2018) and retired from SEBI as a Whole Time Member where he served for five years (August 1, 2018 to July 31, 2023), overseeing the administrative and functional roles of various departments of SEBI like IMD (Investment Management Department), AIF, PMS, DDHS (Department of Debt and Hybrid Securities), MRD (Market Regulation Department), MIRSD (Market Intermediaries Regulation Supervision Department), LAD (Legal Affairs Department), SEC (Special Enforcement Cell), RRD (Recovery and Refund Department), EAD (Enquiries and Adjudication Department), EFD (Enforcement Department), Parliamentary Questions (PQ) Cell, RTI Cell and Board Cell.
As a Whole Time Member of SEBI, dealt with policy, executive proposals and approval of the regulations and acted as Quasi-Judicial authority and settlement authority. ; ;
During his tenure with SEBI, Mr. Barua was also deputed to Central Bank of Bahrain (‘CBB’) for two years (September 4, 2004 to September 6, 2006) where he assisted CBB / Bahrain Monetary Agency (‘BMA’) to develop regulatory framework for securities market and securities laws such as for IPOs, mutual funds, Insider trading, takeovers, corporate governance,regulation of intermediaries, internal control and risk management, financial crime, anti-money laundering, regulation of listed Companies, etc.
He was also SEBI Nominee at Investor Education and Protection Fund, National Advisory Committee on Accounting Standards, G20 Green Finance Study Group, IOSCO Policy Committee 5 on Investment Management and sub-group on assessment methodologies for identifying Non-Bank Non-Insurer Global Systemically Important Financial Institutions, Working Group on Retail Structured Products Task Force on Unregulated Markets and Product under IOSCO, Group on Developing Capital Markets for intermediating long term savings for investment in infrastructure projects, Department of Economic Affairs, Group on foreign capital inflows for infrastructure. ; ;
He also served as a chairman of Working Group to suggest measures for promoting Residential Mortgage Backed Security (‘RMBS’) and other alternative capital market instruments such as covered bonds etc. constituted by National Housing Bank. ;
After retiring from SEBI, he is currently a Member of Fund Management Advisory Committee (‘FMAC’) of International Financial Service Centre Authority (‘IFSCA’) in Gift City since September 27, 2023, Chairman of Expert Committee on ReITs and InvITs in IFSCA in Gifty City from January 19, 2024 and Member of Confederation of Indian Industries (‘CII WR’) Taskforce on Banking and Finance from July 15, 2024, Independent External Professional (‘IEP’) in the Regulatory Oversight Committee of CDSL from October 7, 2024. ;