Dr. M. S. Sahoo, an acclaimed thought leader in financial markets and regulations. He holds a PhD in Economics, with advanced degrees in economics, law, and management, and Company Secretaryship.

Dr. Sahoo has four decades of professional experience. This includes two decades in the regulation of markets and professions, as Chairperson of IBBI, Member of the Competition Commission of India (CCI), Secretary of the Institute of Company Secretaries of India, Whole-time Member of the Securities and Exchange Board of India (SEBI), and Economic Adviser with the National Stock Exchange of India Limited. As a Member of the Indian Economic Service, Dr. Sahoo has served several Ministries of the Government of India. He also had a brief but eventful legal practice. He has served on boards of several organisations, including Oriental Bank of Commerce, Management Development Institute, National Institute of Securities Markets, and Indian Institute of Corporate Affairs.

With a distinguished career, Dr. Sahoo has played high-impact roles, including Distinguished Professor, at the National Law University Delhi, Chairperson of the Insolvency and Bankruptcy Board of India (IBBI), Member of the Competition Commission of India, Secretary of the Institute of Company Secretaries of India, Whole-time Member of the Securities and Exchange Board of India, and Economic Adviser, National Stock Exchange of India Limited. As part of the Indian Economic Service, he served key Ministries. He held board positions with the Oriental Bank of Commerce, Management Development Institute, and National Securities Depository Limited.

Dr. Sahoo has substantially influenced policies and reforms such as regulatory architecture (1995), dematerialisation of securities (1995), trading of equity derivatives (1999), on-line certifications for professionals (2000), resolution of litigations relating to brokers' fee (2004), setting up of National Institute of Securities Markets (2004), demutualisation of stock exchanges (2005), trading of currency derivatives (2008), and building institutions of markets (1994-2021). He has contributed to securities jurisprudence, by way of disgorgement of illegal gains and consent settlement of securities infractions, the first of their kind in the country.

He has written over 200 articles. He has promoted extensive use of technology in education and examinations starting with NSE’s Certification in Financial Markets (NCFM), the first online examination system in the country in 2000, and then in Company Secretaries Course, Limited Insolvency Examination, and Valuation Examinations. He has built bridges for two-way transmission of learning between industry and professions and added to the body of knowledge relating to the regulation of financial markets.