Devendra Raj is the former Chairman, Securities and Exchange Board of India (SEBI) and has held many senior posts in both government and banking in India. He is also founder and Chief Patron of BMVSS, (also known as Jaipur Foot), which has distributed over a million free replacement limbs to the disabled. A devout Jain, who believes in reverence for life, he is on the Board of the Federation of Indian Animal Protection Organisations (FIAPO). He was awarded the Padma Bhushan for his work.