S Raman, Deputy Comptroller and Auditor Common has been appointed as chairman of pension fund regulator PFRDA by the federal government. Raman would change incumbent Deepak Mohanty, whose time period ends in Could 2025.
Appointments Committee of the Cupboard (ACC), in response to an April 1 authorities notification, cleared the appointment of Deputy Comptroller and Auditor Common Sivasubramanian Raman as chairman of the Pension Fund Regulatory and Improvement Authority (PFRDA).
The assertion stated that the ACC has authorized his appointment for a time period of 5 years or until he attains the age of 65 years. Raman, who is at the moment serving as Deputy CAG, is a 1991 batch officer of the Indian Audit & Accounts Service (IA&AS).
He has served as Chairman and Managing Director of Small Industries Improvement Financial institution of India (SIDBI) for 3 years between 2021 and 2024. Earlier than becoming a member of SIDBI, he was MD and CEO of Nationwide e-Governance Companies Restricted (NESL).
Earlier than becoming a member of NESL, Raman served as Principal Accountant Common (Audit) in Ranchi, Jharkhand throughout 2015-2016. He additionally served as Chief Common Supervisor and later as Govt Director in SEBI between 2007 and 2013.
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