K. Rajaraman appointed as new chairperson of IFSCA

K. Rajaraman appointed as new chairperson of IFSCA

Daily Current Affairs / K. Rajaraman appointed as new chairperson of IFSCA

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Category : Appointment/Resignation Published on: July 13 2023

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The government has appointed senior bureaucrat and telecom secretary K Rajaraman as the next Chairperson of the International Financial Services Centres Authority (IFSCA).
Rajaraman is an Indian Administrative Service officer of the 1989 batch.
His appointment is for a period of three years. He succeeds the first IFSCA Chairperson Injeti Srinivas who led the authority since 2020.
Rajaraman’s term will be for three years from the date of his assumption of charge of the post, or till attaining the age of 65 years, or until further orders, whichever is the earliest.
IFSCA was set up in April 2020 under the International Financial Services Centres Authority Act, 2019, at GIFT City, Gandhinagar in Gujarat.
IFSCA is a unified authority for the development and regulation of financial products, financial services and financial institutions in the International Financial Services Centre (IFSC).

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