Mr. M. Damodaran, IAS (Retired), 62 years, is the former Chairman of the Securities and Exchange Board of India (SEBI) the country's financial market watchdog, before which he had headed the IDBI Bank and helped in its innovative restructuring. Mr. Damodaran was instrumental in turning around Unit Trust of India. He holds degrees in Economics and Law from the Universities of Madras and Delhi. He has over 30 years of experience in financial services and public sector enterprises. Apart from being the Joint secretary to Government of India, he has held various positions in the Ministry of Finance, the Ministry of Information and Broadcasting and in the Ministry of Commerce. He was officer on special duty with the Reserve Bank of India dealing primarily with the restructuring of 3 identified weak public sector banks. He was elected Chairman IOSCO and has won several awards for Leadership, Governance, and Public Service. He was awarded the 'ET Policy Change Agent of the Year' Award and Rotary Award for professional excellence.