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Time of India

Arokiaraj appointed as ex-officio member of IFSC Authority

The government on Thursday nominated Solomon Arokiaraj , an additional secretary in the department of economic affairs, as an ex-officio member of the International Financial Services Centre Authority (IFSCA). Arokiaraj will succeed Surbhi Jain , who passed away in May. The finance ministry made the announcement through a notification. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Currently, the IFSCA is headed by former telecom secretary K Rajaraman . Its members are Pankaj Sharma, a joint secretary with the department of financial services; R Lakshmi Rao, executive director at the Reserve Bank of India (RBI); Parmod Kumar Arora, member in the Insurance Regulatory and Development Authority of India (IRDAI); and Mamta Rohit, executive director at the Pension Fund Regulatory and Development Authority (PFRDA). Set up in April 2020, the IFSCA is a unified authority for the development and regulation of financial products, financial services and financial institutions in the International Financial Services Centre in India. Currently, the GIFT IFSC is the maiden international financial services centre in the country. Prior to its establishment, domestic financial regulators, such as the RBI, Sebi, PFRDA and IRDAI, were regulating the business in the IFSC. Live Events