Home Appointments Modi govt appoints two members to IFSCA

Modi govt appoints two members to IFSCA

The Modi government has appointed two members to the International Financial Services Centre Authority (IFSCA), which is a unified authority to regulate all financial services in International Financial Services Centres (IFSCs) in the country. The two members are ;

  1. Pankaj Jain (IAS:1990:AM), Additional Secretary, Department of Financial Services, Finance Ministry.
  2. Anand Mohan Bajaj (IA&AS:1990), Additional Secretary, Department of Economic Affairs (DEA), Finance Ministry.

Besides the Chairman, IFSCA has a member each nominated from RBI, IRDAI, SEBI and PFRDA. There are also two members from the Central Government and full-time or part-time members in the Authority.

The Centre had this month appointed Injeti Srinivas (Retd.IAS:1983:OR), former Secretary in the Ministry of Corporate Affairs (MCA), as Chairman of IFSCA.

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