Govt appoints ex-RBI official Mohanty as PFRDA Chairman

Govt appoints ex-RBI official Mohanty as PFRDA Chairman

Daily Current Affairs   /   Govt appoints ex-RBI official Mohanty as PFRDA Chairman

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Category : Appointment/Resignation Published on: March 17 2023

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  • Deepak Mohanty has been appointed as the Chairperson of the Pension Fund Regulatory & Development Authority (PFRDA).
  • He will hold this post from the date of assumption of charge till attaining the age of 65 years or until further orders, whichever is earlier.
  • Earlier, he was an Executive Director at the Reserve Bank of India (RBI) overseeing areas of enforcement of banking regulation, risk management, internal audit and inspection, financial stability, monetary policy, economic research, and statistics.
  • Prior to that, he had worked as Senior Adviser at the International Monetary Fund (IMF). 
  • He also held various positions in economic research and was Head of the Monetary Policy Department in the RBI.
  • Centre has also appointed Mamta Shankar, IES (1993), Senior Economic Advisor in the Department of Food and Public Distribution to the post of Whole-Time Member (economics) in PFRDA.
  • PFRDA Chairperson holds office for five years or till the age of 65 years.
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