Private Security firm SIS Limited announced the appointment of Upendra Kumar Sinha (U. K. Sinha) to its Board of Directors, with effect from June 29, 2022.
According to the company’s exchange filing, “This is to inform you that, the Board of Directors of SIS Limited (“Company”), in its meeting held today, June 29, 2022, has, inter alia, considered and approved the appointment of Mr. U.K. Sinha (DIN: 00010336) as an Additional Director (Independent) on the Board of the Company with effect from June 29, 2022, based on the recommendation of the Nomination and Remuneration Committee to hold office upto the ensuing Annual General Meeting of the Company.”
U. K. Sinha served as the Chairman of Securities and Exchange Board of India (SEBI) for a period over six years between 2011 and 2017. During his stewardship, SEBI was credited with having brought in significant regulatory amendments in areas such as Takeover Code, Foreign Portfolio Investors, Alternate Investment Funds, REITIs, InVITs., Corporate Governance etc. Prior to this, U. K. Sinha was the Chairman and Managing Director at UTI Asset Management Company Pvt Ltd from 2005 until February 2011.
Preceding this, he was the Joint Secretary in Department of Economic Affairs at Ministry of Finance looking after Banking Division and Capital Markets Divisions. He currently serves on the board of Vedanta Limited, Havells India Limited, Housing Development Finance Corporation Limited, Aavishkaar Venture Management Services Private Limited, and Cube Highways Fund Advisors Private Limited.
U. K. Sinha was selected for the Indian Administrative Service in 1976 and holds a master’s degree in science and a bachelor’s degree in Law.
