Shri Sivasubramanian Ramann assumes charge as the Chairperson, PFRDA

**Executive Summary** This press release announces Shri Sivasubramanian Ramann's assumption of charge as Chairperson of the Pension Fund Regulatory and Development Authority (PFRDA) on June 20, 2025. He was appointed by the Government of India on April 8, 2025, for a five-year tenure. His term will end upon completion of five years, reaching 65 years of age, or until further notice, whichever occurs earliest. **Key Points / Main Content** * **Appointment:** * Shri Sivasubramanian Ramann assumed charge as Chairperson of PFRDA on June 20, 2025. * The appointment was made by the Government of India via notification dated April 8, 2025. * **Tenure:** * Ramann's tenure is for five years, effective from the date of assumption of charge. * The tenure ends upon completion of five years, reaching 65 years of age, or until further notice, whichever occurs earliest. * **Experience:** * Ramann is an officer of the Indian Audit & Accounts Service (IA&AS) from the 1991 batch. * He previously served as Deputy Comptroller & Auditor General and Chief Technology Officer in the Office of the Comptroller and Auditor General of India. * He held leadership positions, including Chairman and Managing Director of SIDBI and Managing Director and Chief Executive Officer of NeSL. He also worked as Principal Accountant General of the State of Jharkhand and as Chief General Manager (CGM) and then as Executive Director at SEBI. * **Qualifications:** * Ramann holds a Bachelor's degree in Economics and an MBA from the University of Delhi. * He also has an M.Sc. in Financial Regulation from the London School of Economics and Political Science, an LLB, a Chief Digital Officer certification, a Certified Internal Auditor credential, and a Post Graduate Diploma in Securities Law. * **Objective:** * Ramann will guide PFRDA in strengthening India's pension system and promoting retirement security for citizens. **Impact Analysis** **PFRDA** * **Impact:** Receives new leadership in the form of Shri Sivasubramanian Ramann, bringing his experience in finance, technology, and regulation to the organization. * **Action Required:** Integrate the new Chairperson and align organizational objectives with his vision for strengthening India's pension system. **Indian Citizens** * **Impact:** Benefit from a strengthened pension system and enhanced retirement security under Ramann's leadership. * **Action Required:** No immediate action required, but they can expect potential improvements and developments in the pension system.

Key Entities Referenced