Naved Masood
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Naved Masood | |
|---|---|
| Born | February 14, 1955 |
| Nationality | Indian |
| Alma mater | Aligarh Muslim University |
| Occupation(s) | Civil servant, Financial regulatory expert |
| Known for | Contributions to corporate governance and financial regulations in India |
| Office | Secretary, Ministry of Corporate Affairs |
Naved Masood (born February 14, 1955) is an Indian civil servant, widely recognized for his contributions to the corporate governance and financial regulatory frameworks of India. A member of the 1977 batch of the Indian Administrative Service (IAS), he served in various capacities within the Government of India before retiring as Secretary in the Ministry of Corporate Affairs on February 28, 2015.[1]
During his tenure at the Ministry of Corporate Affairs, Masood played a pivotal role in the drafting, enactment, and implementation of the Companies Act of 2013. He also contributed significantly to the development of corporate governance policies under the Act. Additionally, he was instrumental in shaping India's Competition Policy and Rules and was involved in the establishment of the Indian Institute of Capital Markets.[2]
Before his work at the Ministry of Corporate Affairs, Masood served as Special Secretary and Financial Advisor at the Department of Health and Family Welfare within the Ministry of Health and Family Welfare.[3]
Masood is an alumnus of Aligarh Muslim University, where he completed his education up to B.Sc. (Zoology) and LL.B. Notably, while still a law student, he secured an All-India Rank of 9th in the civil services examination (IAS) in 1977, with the highest marks in the law papers and interviews, making a remarkable achievement at the age of just 22.[4]
In addition to his civil service career, Masood has held important positions in the financial sector. He served as a member of the Board of the Securities and Exchange Board of India (SEBI), where he was actively involved in regulatory matters concerning listed companies and SEBI-regulated entities, including stockbrokers, mutual funds, and foreign portfolio investors. His work at SEBI also involved contributing to the evolution of key policies, including regulations related to takeovers, insider trading, alternative investment funds, and the corporatization of stock exchanges.[5]
Masood has also served as the Public Interest Director on the Board of the National Stock Exchange of India Limited, holding this position from July 2016 to February 2020.[6]
Since May 2, 2020, he has been serving as an Independent Director on the Board of ICICI Prudential Asset Management Company Ltd.[7]
References
[edit]- ^ Office Order - Ministry of Corporate Affairs, 2015
- ^ Ministry of Corporate Affairs - Monthly Newsletter, July 2014
- ^ Appointment Order - Ministry of Personnel, Public Grievances and Pensions
- ^ Mr. Naved Masood IAS to join as adjunct faculty in Dept of Law, AMU
- ^ SEBI Board Member Appointment
- ^ NSE Appoints New Directors
- ^ ICICI Prudential Asset Management Company - Board of Directors