Ajay Seth Appointed New Finance Secretary

Ajay Seth, a 1987-batch Indian Administrative Service (IAS) officer from the Karnataka cadre, has been appointed as the new Finance Secretary of India, effective April 1, 2025. This appointment follows his tenure as Secretary of the Department of Economic Affairs, a position he has held since April 2021. In his new role, Seth succeeds Tuhin Kanta Pandey, who recently assumed the position of Chairman of the Securities and Exchange Board of India (SEBI) in March 2025. ​

During his tenure as Secretary of the Department of Economic Affairs, Seth was assigned additional responsibilities, including serving as Revenue Secretary in March 2025, following Pandey’s transition to SEBI. His extensive experience in economic affairs and public finance positions him well to lead the Ministry of Finance in his new capacity as Finance Secretary.

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