This gazette notification announces the appointment of Shri K. Rajaraman, IAS (TN: 1989), as the Chairperson of the International Financial Services Centres Authority (IFSCA).
Key Changes
Shri K. Rajaraman, IAS (TN: 1989) is appointed as the Chairperson of IFSCA.
The appointment is effective from the date of assumption of charge.
The term of appointment is for a period of 3 years, or until he reaches the age of 65 years, or until further orders, whichever is earliest.
Impact Analysis
International Financial Services Centres Authority (IFSCA)
Action Item: Brief the new Chairperson on current initiatives, challenges, and strategic priorities of the organization.
Financial Sector Stakeholders
Action Item: Prepare a communication to key stakeholders introducing the new Chairperson and outlining the authority's commitment to continued growth and stability.
Government
Action Item: Ensure alignment of IFSCA's strategic goals with the government's overall economic and financial objectives.
Key Entities Referenced
International Financial Services Centres Authority (IFSCA): A statutory authority established by the Government of India to develop and regulate International Financial Services Centres in India.
Shri K. Rajaraman, IAS (TN: 1989): The newly appointed Chairperson of the International Financial Services Centres Authority (IFSCA).
Central Government: The appointing authority for the Chairperson of IFSCA, acting through the Ministry of Finance.
International Financial Services Centres Authority Act, 2019 (No. 50 of 2019): The Act that establishes the IFSCA and defines its powers and functions. Section 5(1) provides the power to appoint the Chairperson.
International Financial Services Centres Authority (Salary, Allowances and other Terms and Conditions of Service of Chairperson and Members) Rules 2020: Rules governing the salary, allowances, and other service conditions of the Chairperson and members of the IFSCA.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-08072023-247140
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CG-DL-E-08072023-247140
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असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 2868] नई दिल्ली, िुक्रिार, िुलाई 7, 2023/आर्ाढ़ 16, 1945
No. 2868] NEW DELHI, FRIDAY, JULY 7, 2023/ASHADHA 16, 1945
जित्त मत्रं ालय
(आर्थकि काय ि जिभाग)
(जित्त ीय बािार प्रभाग)
अजधसचू ना
नई दिल् ली, 7 िलु ाई, 2023
का.आ. 2993(अ).—केंद्रीय सरकार, अंतरािष्टर ीय जित् तीय सेिाएं केंद्र प्राजधकरण (िेतन, भत् ते तथा
अध् यक्ष और सिस्ट्य ों की सिे ा संबंधी अन् य जनबंधन एिं ितें) जनयमािली, 2020 के साथ पठित अंतरािष्टर ीय
जित् तीय सेिाएं केंद्र प्राजधकरण अजधजनयम, 2019 (2019 का 50) की धारा 5(1) द्वारा प्रित् त िजत यों का
प्रयोग करत े हुए, एतद्द्वारा श्री के. रािारमन, आईएएस (टीएन: 1989) को पि का कायिभार संभालने की जतजथ
से 03 िर् ि की अिजध के जलए, या 65 िर्ि की आयु प्राप्त करने तक, या अगले आिेि तक, इनमें से िो भी पहल े
हो, अंतरािष्टर ीय जित्त ीय सेिाएं केंद्र प्राजधकरण (आईएफएससीए) के अध् यक्ष के रूप में जनयु त करती ह।ैं
[फा. स. 4/1/2020-आरई]
सुरजभ िनै , संयुक्त सजचि
4354 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
MINISTRY OF FINANCE
(Department of Economic Affairs)
(FINANCIAL MARKET DIVISION)
NOTIFICATION
New Delhi, the 7th July, 2023
S.O. 2993(E).—ln exercise of the powers conferred by section 5(1) of International Financial
Services Centres Authority Act, 2019 (No. 50 of 2019) read with International Financial Services Centres
Authority (Salary, Allowances and other Terms and Conditions of Service of Chairperson and Members)
Rules 2020 the Central Government hereby appoints Shri K. Rajaraman, IAS (TN: 1989) to the post of the
Chairperson, International Financial Services Centres Authority (IFSCA) for a period of 03 years w.e.f. the
date of assumption of charge of the post, or till attaining the age of 65 years, or until further orders,
whichever is the earliest.
[F. No. 4/1/2020-RE]
SURBHI JAIN, Jt. Secy.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.