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Date: 2025-04-03 Category: Extra Ordinary State: Union Government Country: India

Appointment of Whole Time Member Finance in PFRDA

Issued by Ministry of Finance · Department of Financial Services

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Executive Summary & Key Takeaways

What it means

  • The notification announces the appointment of Shri Sanjay Pandey, ICAS (1994), as a Whole Time Member (Finance) at the Pension Fund Regulatory and Development Authority (PFRDA).

Key Changes

  • Shri Sanjay Pandey, previously Financial Advisor and Chief Accounts Officer at the Employees’ Provident Fund Organisation, is appointed as Whole Time Member (Finance) at PFRDA.
  • The appointment is effective from the date he assumes charge of the post.
  • Shri Pandey will hold the position until he reaches the age of 62 years or until further orders, whichever occurs first.

Impact Analysis

Pension Fund Regulatory and Development Authority (PFRDA)

  • Action Item: PFRDA to facilitate a smooth transition for Shri Sanjay Pandey into his new role.

Employees’ Provident Fund Organisation (EPFO)

  • Action Item: EPFO to initiate the process of recruiting a new Financial Advisor and Chief Accounts Officer.

Pension Fund Industry

  • Action Item: Pension funds to maintain proactive engagement with PFRDA under the new leadership.

Shri Sanjay Pandey

  • Action Item: Shri Pandey to familiarize himself with the current priorities and challenges of PFRDA and the pension sector.

Key Entities Referenced

Pension Fund Regulatory and Development Authority (PFRDA): The regulatory body for pension funds in India. Employees’ Provident Fund Organisation (EPFO): A statutory body that manages and oversees the Employees' Provident Fund scheme in India. Shri Sanjay Pandey: The newly appointed Whole Time Member (Finance) at PFRDA. Pension Fund Regulatory and Development Authority Act, 2013 (23 of 2013): The legal framework that empowers the Central Government to make appointments to PFRDA. Ministry of Finance (Department of Financial Services): The ministry responsible for the notification and appointment.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-03042025-262254 CG-DxLx-xEG-I0D3H0x4x2x0 25-262254 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 1572] नई दिल्ली, बृहस्ट्प जतिार, अप्रलै 3, 2025/चत्रै 13, 1947 No. 1572] NEW DELHI, THURSDAY, APRIL 3, 2025/CHAITRA 13, 1947 जित्त मत्रं ालय (जित्तीय सिे ाए ं जिभाग) अजधसचू ना नई दिल्ली, 3 अप्रलै , 2025 का.आ. 1591(अ).— पेंिन जनजध जिजनयामक और जिकास प्राजधकरण अजधजनयम, 2013 (2013 का 23) की धारा 4 द्वारा प्रित्त िजियों का प्रयोग करते हुए, केन्‍द रीय सरकार, एतिद्वारा, श्री संिय पांड,े आईसीएएस (1994), जित्तीय सलाहकार तथा मुख्य लेखा अजधकारी, कममचारी भजिष्य जनजध संगठन, को कायमभार ग्रहण करने की तारीख से 62 िर् म की आयु प्राप्त करन े तक अथिा अगल े आिेिों तक, िो भी पहल े हो, पेंिन जनजध जिजनयामक और जिकास प्राजधकरण (पीएफआरडीए) में पणू मकाजलक सिस्ट्य (जित्त) के पि पर जनयुि करती ह।ै [फा. सं. 19/8/2019–पीआर] पंकि िमाम, संयक्ु त सजचि 2337 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 3rd April, 2025 S.O. 1591(E).—In exercise of powers conferred by Section 4 of the Pension Fund Regulatory and Development Authority Act, 2013 (23 of 2013), the Central Government hereby appoints Shri Sanjay Pandey, ICAS (1994), Financial Adviser and Chief Accounts Officer, Employees’ Provident Fund Organisation to the post of Whole Time Member (Finance), Pension Fund Regulatory and Development Authority (PFRDA) with effect from the date of assumption of charge of the post till he attains the age of 62 years, or until further orders, whichever is the earlier. [F. No. 19/8/2019 PR] PANKAJ SHARMA, 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.

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