The
Pension Fund Regulatory and Development Authority (PFRDA) is all set to
get a new management with former chairman Yogesh Agarwal stepping down.
Agarwal quit after being snubbed by the government which did not
include him in the team that was constituted to search for two full-time
members for the authority. According to sources, R V Verma, chairman,
National Housing Bank, is among the frontrunners to be a full-time
member. But with the government having begun a search for a chief as
well, it is very likely that all the appointments would be announced
simultaneously next
month. The process of filling up the chairman’s position hasn’t yet
taken off given that Agarwal resigned abruptly last month. But the buzz
is that the new appointee may not be from the IAS cadre.
TOI
TOI
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