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The government has appointed Sivasubramanian Ramann as the new Chairperson of the PFRDA.
Currently, Ramann is working as Deputy Comptroller & Auditor General. He belongs to 1991 batch of Indian Audit & Accounts Service (IA&AS).
He has also served as Chairman & Managing Director, Small Industries Development Bank of India (SIDBI), for 3 years between 2021 and 2024.
Prior to SIDBI, Ramann has also worked as MD & CEO of National E-Governance Services Limited (NeSL) and Principal Accountant General (Audit), Jharkhand, Ranchi during 2015-2016.
The government appoints PRFDA chairperson for five years or till the chairperson attains age of 65 years, whichever is earlier.