Sivasubramanian Ramann takes charge as new PFRDA chairperson

Sivasubramanian Ramann assumed office as the chairperson of the Pension Fund Regulatory and Development Authority (PFRDA) on Thursday. His appointment was notified by the Centre on April 8. 

Ramann succeeds Deepak Mohanty, who served as PFRDA chairperson between March 2023 and May 2025. Ramann has been appointed for a tenure of five years with effect from the date of assumption of charge of the post or till he attains the age of 65 years, or until further orders, whichever is the earliest.

A 1991-batch officer of the Indian Audit & Accounts Service (IA&AS), Ramann has served as the deputy comptroller & auditor general, and chief technology officer in the Office of the Comptroller and Auditor General of India. He had held several leadership positions, including chairman and managing director of the Small Industries Development Bank of India (Sidbi), MD & CEO of National E-Governance Services Ltd, and Principal Accountant General of Jharkhand. Between 2006 and 2013, he served as the chief general manager and later as the executive director at the Securities and Exchange Board of India (Sebi), stated an official release.

An economics graduate, Ramann holds an MBA from the University of Delhi. He possesses multiple professional and academic qualifications, including an MSC in Financial Regulation from the London School of Economics and Political Science; a law degree; a chief digital officer certification from the Indian School of Business; and the Certified Internal Auditor credential from the Institute of Internal Auditors (IIA), Florida.