The Appointments Committee of the Cabinet (ACC) has approved the appointment of Sivasubramanian Ramann, Deputy Comptroller & Auditor General, to the post of chairperson, Pension Fund Regulatory and Development Authority (PFRDA), a government notification dated April 1 said.
The ACC has approved his appointment for a tenure of five years or till he attains age of 65 years, it said.
Ramann, presently serving as Deputy CAG, 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.
Before joining SIDBI, he was MD & CEO of National E-Governance Services Limited (NeSL). Prior to joining NeSL, Ramann was the Principal Accountant General (Audit), Jharkhand, Ranchi during 2015-2016.
He worked with SEBI as CGM and later Executive Director between 2007 and 2013.