G V Ramakrishna, a former chairperson of India’s market regulator, died in Chennai on Saturday, media stories mentioned. He was 91.
Ramakrishna, as an Indian Administrative Service (IAS) officer, had 5 a long time of presidency service, working as a diplomat and coverage professional. He was requested to guide the Securities and Alternate Board of India (Sebi) in 1990 when it lacked the authorized standing as market regulator, utilizing his four-year time period to guard the pursuits of small buyers. He then grew to become the primary chairperson of Disinvestment Fee in 1996 to handle the federal government’s exit from state-owned companies.
Ramakrishna was the minister of financial affairs on the Embassy in Washington in 1972 and India’s Ambassador to the European Financial Neighborhood (European Union) in 1989, Hindu Enterprise Line reported.
Ramakrishna he labored on the Finance Ministry and Ministries of Trade, Metal, Coal and Petroleum. He was adviser within the Planning Fee in 1981 and Member in 1994.
Ramakrishna began as a biochemist in his hometown Bangalore and joined the IAS in 1952 as an Andhra Pradesh cadre officer. The Instances of India and Enterprise Line mentioned Ramakrishna died after a quick sickness.
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