Dr. M. S. Sahoo, a leading authority on markets and regulations, practices law at Dr. Sahoo Regulatory Chambers. He played high-impact roles, including Distinguished Professor at the National Law University Delhi; Chairperson of the Insolvency and Bankruptcy Board of India (IBBI); Member, CCI; Secretary, ICSI; Whole-time Member, SEBI; and Economic Adviser to the NSEIL. As part of the Indian Economic Service, he has served the Ministries of Finance and Commerce and the Prime Minister’s Office.

Dr. Sahoo spearheaded insolvency reforms. He founded IBBI, the first-of-its-kind regulator globally, and the Insolvency and Valuation professions in India. His work earned India recognition as the ‘most improved jurisdiction’ by the Global Restructuring Review in 2018 and improved its Ease of Doing Business ranking from 136 to 52 in resolving insolvency in the first three years.

Dr. Sahoo contributed to securities market reforms, including the regulatory architecture, derivatives trading, and stock exchange corporatisation and demutualisation. He is singularly responsible for conceptualising and drafting the Depositories Ordinance of 1995 which enabled the dematerialisation of securities, positioning India as a leader in this field.