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Eminent Former SEBI Chairman Dr. M. Damodaran Passes Away.

Obituary | Dated: 08 May 2026

Highly respected Indian financial regulator and former SEBI Chairman Dr. M. Damodaran passed away peacefully due to natural causes at the age of 79 in Mumbai. He was profoundly known for entirely drafting India early mutual fund governance frameworks.

🎯 Key Highlights:

  • He had brilliantly served as the head of the UTI restructuring committee.
  • His policy papers heavily influenced modern corporate governance regulations in listed companies.
  • The banking fraternity deeply mourned the absolute loss of a strict regulatory visionary.

💡 Other Important Facts:

  • Person: Dr. M. Damodaran.
  • Field: Finance.
  • Former Role: SEBI Chairman.

📚 Test Your Knowledge:

Dr. M. Damodaran, who passed away recently, was an eminent and highly respected professional primarily associated with which central regulatory role?

Correct Answer: SEBI Chairman

🚀 Quick Recap:

About Dr. M. Damodaran

  • Former Role - Chairman of SEBI and UTI
  • Key Contribution - Corporate Governance Reforms