Ashwani Bhatia on Wednesday took charge as Whole Time Member, Securities and Exchange Board of India (SEBI), in Mumbai.

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He will be third board member in SEBI.

Prior to this assignment, Bhatia held the position of Managing Director in State Bank of India. 

Bhatia will handle the Department of Debt and Hybrid Securities (DDHS), Alternative Investment Fund and Foreign Portfolio Investors Department (AFD), Market Intermediaries Regulation and Supervision Department (MIRSD), Corporation Finance Investigation Department (CFID) and Office of Investor Assistance & Education (OIAE), as per an official statement by SEBI.

Profile: Ashwani Bhatia - Things to know about him 

- Bhatia comes with the experience of over three and a half decades in the State Bank Group where he joined as a Probationary Officer in 1985. 

- Before becoming Managing Director of State Bank of India, Bhatia served as MD & CEO, SBI Funds Management Pvt. Limited. 

- He has wide experience in Treasury Operations, Retail Banking, Credit, Investment Banking and Asset Management.

- Bhatia completed his schooling from Air Force School, Subroto Park, Delhi and did his Graduation in Physics and Mathematics from Dayalbagh University, Agra. 

- He is an MBA from Podar Institute of Management, Jaipur.