Sunday, December 30, 2012

MS Sahoo appointed as Secretary of Institute of Company Secretaries of India (ICSI)

MS Sahoo, the former member of SEBI (Securities and Exchange Board of India) on 27 December 2012 had been appointed secretary of the Institute of Company Secretaries. The appointment of MS Sahoo is going to be effective from 1 January2013.

A Brief Insight into MS Sahoo’s Career:

• MS Sahoo had over three decades of rich work experience in self-employment, private sector, public sector, regulator and government in varied functional areas such as reforms, policy, regulations, research and analysis.
•  Before joining the ICSI, he was an eminent legal practitioner in the field of securities laws. 

• He was a Whole Time Member of the Securities and Exchange Board of India (SEBI) during 2008-11. 

• He served as the Joint Secretary (non-functional), Director and Joint Director in the Ministry of Finance, as the Chief General Manager with SEBI, and as Economic Adviser with National Stock Exchange of India Limited (NSE). 

•  As an officer of Indian Economic Service (1985 batch), he served the Government of India for 22 years.  He played a key role in designing of major reforms in securities market, including dematerialization of securities, trading of derivatives, corporatisation and demutualization of exchanges, building regulatory and market infrastructural institutions, enforcement process / actions. 

M S Sahoo was instrumental in development of human resource capacity in securities markets through various interventions such as NSE’s Certification in Financial Markets (NCFM), National Institute of Securities Markets (NISM) and a number of reputed publications.  He has served / serves as a member on several expert committees / boards and professional groups.

About ICSI (Institute of Company Secretaries of India):

ICSI is the only recognized professional body in India to develop and regulate the profession of Company Secretaries in India. The Institute of Company Secretaries of India awards the certificate of bestowing the designation of Company Secretary(CS) to a candidate qualifying for the membership of the Institute. It was in 1960 that the Company Law Board started a course in Company Secretaryship leading to the award of Government Diploma in Company Secretaryship.

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