"Earlier
as Chairman Unit trust of India, he
undertook the task of turning around
an ailing behemoth, an exercise widely
regarded as the best turnaround story
in India’s Financial Sector."
Chairman,
Securities and Exchange Board Of India
(2005-2008)
Meleveetil Damodaran
left office as Chairman, Securities
and Exchange Board Of India in February
2008, after a 3 year term which saw
India’s securities markets gain
world wide respectability for its
regulatory standards. He was elected
Chairman of the 80 member Emerging
Markets Committee of the International
Organisation of Securities Commissions
(IOSCO).
Prior
to that, he led an innovative restructuring
of the Industrial Development Bank
of India as its Chairman. Earlier
as Chairman Unit trust of India he
undertook the task of turning around
an ailing behemoth, an exercise widely
regarded as the best turnaround story
in India’s Financial Sector.
He has won several awards for Leadership,
Governance, and Public Service.
