Correct Option: C

M. Damodaran served as the Chairman of the Securities and Exchange Board of India (SEBI), India’s financial markets regulator, from February, 2005 to February, 2008. Prior to this, he served Head of IDBI, a development finance institution which he converted to a bank. He was also Chairman of Unit Trust of India, then India’s largest mutual fund from July, 2001 to December, 2004.