Sivasubramanian Ramann takes charge as PFRDA Chairperson
On 20 June 2025 in New Delhi, Sivasubramanian Ramann assumed charge as Chairperson of the Pension Fund Regulatory and Development Authority (PFRDA).
Summary
Sivasubramanian Ramann assumed charge as Chairperson of the Pension Fund Regulatory and Development Authority (PFRDA) on 20 June 2025. The Government appointed him by a notification dated 8 April 2025 for five years from taking charge, or until he turns 65, or until further orders, whichever is earliest. Ramann, a 1991-batch Indian Audit and Accounts Service officer, was earlier Deputy Comptroller and Auditor General and Chief Technology Officer in the CAG office, and has served as Chairman and Managing Director of SIDBI. PFRDA became a statutory body under the PFRDA Act, 2013, which came into effect on 1 February 2014.
Key facts
- New Chairperson
- Sivasubramanian Ramann, from 20 June 2025
- Appointment notification
- 8 April 2025
- Tenure
- 5 years or till age 65, whichever is earlier
- Background
- IA&AS 1991; ex-Deputy CAG; ex-CMD SIDBI
- PFRDA (static)
- Statutory under PFRDA Act, 2013, in force from 1 February 2014; Chairperson, 3 whole-time and 3 part-time members (pfrda.org.in)
Practice MCQs 3 questions
Who assumed charge as Chairperson of the Pension Fund Regulatory and Development Authority (PFRDA) on 20 June 2025?
Show answer
Correct answer: B — Sivasubramanian Ramann
PIB (Finance): Shri Sivasubramanian Ramann assumed charge as the Chairperson of PFRDA on 20th June 2025.
What is the tenure of the PFRDA Chairperson appointed by the notification dated 8 April 2025?
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Correct answer: C — Five years or till age 65, whichever is earlier
PIB (Finance): He was appointed for five years or till age 65, whichever is earlier: a tenure of five years from assumption of charge, or till he attains the age of 65 years, or until further orders, whichever is the earliest.
The PFRDA Act, under which PFRDA became a statutory body, came into effect on which date?
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Correct answer: D — 1 February 2014
PFRDA (pfrda.org.in): The interim PFRDA was set up on 23 August 2003; it became a statutory entity after the PFRDA Act was enacted on 19 September 2013, which came into effect on 1 February 2014.