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PAL PILLAI/AFP/Getty Images
Chairman, Security and Exchange Board of India
Chandrasekhar Bhaskar Bhave's appointment as the sixth chairman of India's capital market regulator in February 2008 came just when the stock market began tanking. Armed with a spotless reputation, Bhave was instrumental in making companies divulge details of their pledged shares in the wake of the Satyam Computer fraud. He also reduced the time to announce the price band for public issues, and said that Sebi would amend the open offer regulations in cases like Satyam to make the acquisition process more transparent.