Committee to find out means to utilise the Investor Protection And Education Fund (IPEF)

Sebi whole-time member Prashant Saran said.that capital market regulator Sebi has set up a committee to guide the Investor Protection and Education Fund (IPEF).

It consists of eight-member & is headed by ICICI Bank Chairman KV Kamath. Apart from Kamath, the other members include retired bureaucrat PK Ghosh, IIM Ahmedabad professor Abraham Koshy, communications consultant Ramesh Narayan and managing director of Shri Mahila SEWA Sahkari Bank, Jayashree Vyas.

The Sebi will be represented by executive director Ananta Barua and chief general managers G P Garg and VS Sundaresan.
The panel is entrusted to recommend whether investor education and protection activities that may be undertaken directly by the Board, or through any other agency, for utilisation of the Sebi Investor Protection and Education Fund for the purposes stated in the Sebi (Investor Protection and Education Fund) Regulations, 2009.

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