Former SEBI Executive Director Usha Narayanan joins Amarchand as Of Counsel

Usha Narayanan, former Executive Director at the Securities and Exchange Board of India (SEBI) has today joined the Mumbai office of Amarchand Mangaldas as an Of Counsel. She will be part of the firm’s General Corporate/Financial Regulatory Practice.

Narayanan recently retired as Executive Director from SEBI and has more than 35 years of experience working in the financial services industry.

Speaking to Bar & Bench, Managing Partner Cyril Shroff said, “We are very pleased with the addition of Mrs. Narayanan. Her experience is fairly unique. In her career, she has done just about everything (all the various facets of SEBI) and her experience is quite unmatched. She has enormous depth in the coverage of all she has done and her experience will further strengthen Amarchand Mangaldas’s robust securities practice”.

Narayanan joined SEBI in 1991 and while at SEBI, she was responsible for overseeing policies relating to the issuance of capital, disclosure in offer documents, continuous disclosures, listing requirements, corporate governance, mergers and acquisitions and portfolio investment by foreign investors.

She has held various senior positions in the Divisions of Primary Market, Takeover, Foreign Institutional Investors and Custodian Investigation and Market Intermediaries Department.

She has also been member of various committees including International Organisation of Securities Commission’s Standing Committee on Disclosures & Accounting Standards, the Reserve Bank of India Committee on Conflict of Interest and the Government of India Committee to review ADR/ GDR/ FCCB policy.

Prior to joining SEBI, Narayanan worked with the Bank of India for 15 years. She is a graduate of Mumbai University and did her Masters in Business Laws from the National Law School of India University, Bangalore. She also holds a postgraduate degree in Economics.