Dr. Sahoo is an acclaimed thought leader in financial markets and has over four decades of experience. This includes two decades in regulation of markets and professions, as Chairperson, Insolvency and Bankruptcy Board of India (IBBI), Member of the Competition Commission of India (CCI), Whole-time Member of the Securities and Exchange Board of India (SEBI), and Economic Adviser with the National Stock Exchange of India Limited.
Currently he is a Distinguished Professor at the National Law University in Delhi.
As a Member of the Indian Economic Service, Dr. Sahoo has served several Ministries in the Government of India. As founder Chairperson of the IBBI, Dr. Sahoo spearheaded insolvency reforms in the country. In the first three years of insolvency reforms, India’s rank improved from 136 to 52 in resolving the insolvency parameter of the World Banks’ Ease of Doing Business report.
He has influenced several policies and reforms in financial markets especially in the architecture of regulator and regulatory tribunal (1995),trading of equity derivatives (1999), online certification of professionals (2000), setting up of National Institute of Securities Markets (2004) etc.
He has conceptualised and authored several publications, including Indian Securities Market-A Review, NSE Research Initiative, Stock Exchange Factbook, SEBI Bulletin, NSE News, and Insolvency and Bankruptcy News, and edited a professional journal, Chartered Secretary.
He has delivered talks at various national and international fora and written over 100 articles on markets and institutions.
Dr. Sahoo has served on the Boards of several organisations, including Oriental Bank of Commerce, Management Development Institute, National Institute of Securities Markets, Indian Institute of Corporate Affairs and IBBI.
He is a qualified Company Secretary and did his post-graduation degrees in Economics, Law and Management. He obtained his PhD in economics from Mumbai University.