Shri Supratim Bandyopadhyay, Chairperson, PFRDA

Shri Supratim Bandyopadhyay has assumed charge as Chairperson, Pension Fund Regulatory and Development Authority (PFRDA) on 21stFebruary,2020. Prior to taking over this new assignment, Shri Bandyopadhyay was the Whole Time Member (Finance), PFRDAfor two (2) years.
He has vast experience in the field of Insurance and served around three and half decades atLife Insurance Corporation of India (LIC), the largest Life Insurance Company of the country. During his tenure at LIC, Shri Bandyopadhyay served in various capacities heading two large divisions, as Chief (Investment), LIC and Executive Director (Investment), LIC.He also heldthe position of Managing Director & Chief Executive Officer (MD & CEO) of LIC Pension Fund.
His areas of expertise include Finance andInvestment and Shri Bandyopadhyay has served on the Board of Central Bank of India. He was in the Supervisory Committee/ Investment Committee of Venture Funds and Alternative Investment Funds (AIFs). He was also on the Board of Fixed Income Money Market and Derivatives Association of India (FIMMDA) for six years.
Shri Bandyopadhyay is a science graduate and a qualified Chartered Accountant (CA). He loves reading books and listening to light classical music.

Mr. Atanu Sen was the Chairman of the Board of the NPS Trust of the Pension Fund Regulatory and Development Authority of India. Mr Sen also served as Managing Director and Chief Executive Officer of SBILife Insurance Company Ltd. and as the Deputy Managing Director and Chief Credit and Risk Officer of State Bank of India.
On superannuation, he was Advisor to the State Bank of India as well as Senior Advisor to Deloitte Touché Tomahatsu(P) Ltd. He had been Non Official Director of Punjab and Sind Bank Ltd on behalf of Government of India as well as Nominee Director on behalf of SBI in Companies with a stressed balance sheet. He continues to be an Independent Director in various Companies including Bandhan Financial Holdings Ltd. He is also the Chairman of the (BFSI)Banking, Financial Service and Insurance vertical of the Indian Chamber of Commerce.

Amit has over three decades of experience in the financial services industry. He is currently Group Head at Protean eGov Technologies Ltd. (formerly NSDL e-Governance Infrastructure Ltd).In his professional journey, Amit has been on various advisory committees of Regulators &Trade Bodies (i.e. SEBI,PFRDA, FIMMDA, and FICCI,etc.).Amit possesses a 360-degree understanding of business segments under financial services industry. He is one such rare professional who has spent decades working under thefour key pillars of the BSFI sector (i.e. Stock Market, Mutual Fund Industry, Pension and Insurance).

Amithas been the key architect and a founding member of the critical initiatives of the Government of India that shaped the landscape of India’s Digital Ecosystem. Be it large technology creator or a small Fintech start-up, Amit has the agility to engage & guide across the volume, in a contextual manner.

Amit has made a significant contribution towards establishing India’s first depository, making the capital market paperless. He was part of this collective effort, in establishing a full-grown public good company(i.e. NSDL), from something called aninnovative ‘start-up idea’, in the early 90s.

Building on that experience, Amit in his leadership position, extensively engaged with the Government &Regulatory agencies in influencing the pension ecosystem of India and continues to do so. He helped conceptualise, design, and implementNational Pension System (NPS) & Atal Pension Yojana (APY) in India. He lives by the motto of ‘Making India a pensioned society’.


1. Protean eGov Technologies Ltd. (Formerly NSDL e-Governance Infrastructure Ltd.)

Group Head – Social Security & Welfare
2013 - Present (9 years)
Mumbai, Maharashtra, India

• Amit has a balance-sheet responsibility of the National Pension System (NPS) vertical in Protean. This business line contributes significantly to the enterprise value of the organization. Under his leadership,Central Record-Keeping Agency (CRA) system has around 5.8 billion subscribers and ‘AssetsUnder Management’ (AUM) of Rs. 8.08 trillion(as on 19th Nov, 2022).
• Under Amit’s leadership, Protean CRA successfully implemented Atal Pension Yojana (APY) in a short span of a ‘ninety days’ time frame. (APY is a flagship initiative of Government of India, in social security space, introduced in 2015. It is a defined contribution scheme to ensure pension security for underprivileged citizens).

2. National Securities Depository Limited (NSDL)

Executive Vice President
2008 - 2013 (5 years)
Mumbai, Maharashtra, India

• Serving role akin to a Founder CEO for ‘Central Record-Keeping Agency’ (CRA) system within the organization, Amit helped develop this federated structure, right from the inception stage and laid down the foundation of citizen centric services for the pension landscape.
• Took on the responsibility for establishing credentials of the CRA system & scaling up business across Public Sector, Corporateentities, and Individuals.


Education

1. Indian School of Business • (2010 - 2010)

2. Indian Institute of Management, Ahmedabad • (1995 - 1995)

3. Amravati University -MBA, Marketing • (1987 - 1989)

Mr. Sriram Iyer
Mr. Sriram Iyer is the Chief Executive Officer of HDFC Pension Management Company Ltd. He carries over 27 years of experience in the Banking and Financial services industry having played leadership roles in areas spanning Banking, Wealth Management and Lending. He has extensive experience in Financial Product distribution and has a deep understanding of a wide array of Investment products. He is passionate about Financial literacy and has conducted numerous financial awareness sessions with investors and has helped them navigate through complex world of financial products by un-complicating key concepts.

He has qualified as a Civil (Structural) Engineer and holds an MBA (Finance) from the M S University of Baroda.

MR. RAGHUPAL SINGH, Managing Director & CEO
Born in 1964, Mr Raghupal Singh joined the services of Life Insurance Corporation as a Direct Recruit Officer of 16th Batch in 1988. He is Commerce Graduate from University of Rajasthan, a qualified Cost Accountant and Associate Member of Insurance Institute of India.

He has vast cross-functional experience in the areas of Finance and Accounts, Information Technology and Marketing. As Senior Divisional Manager of Raipur, he led the division to Number One position in All India. Under his leadership as Senior Divisional Manager of Chandigarh Division, Division acquired the prestigious status of being Number 1 in All India in launch of New Products.

He also worked as Marketing Manager in Karnal and Bhopal Divisions and Senior Branch Manager at Ajmer, apart from holding positions as Regional Manager in Pension and Group Schemes at Delhi and Kanpur.

Shri Singh has evinced keen interest in behavioral sciences, people development and technology which he successfully leveraged in his marketing assignments. He is passionate about process redesign and simplification and made significant contribution in mechanization of Provident Fund administration of Central Zone in 1994. He made significant contributions in tech-refresh project for providing Centralized Web-enabled IT platform for Pension and Group Schemes vertical.

He is passionate about listening to light, soft and sufi music, reading spiritual and leadership literature and closely follows cricket and football in the sports arena.

Mr. Ranbheer Dhariwal
He is Chief Executive Officer of Max Life Pension Fund Management Limited.
He is post graduate in marketing and possessing over two decades of experience in life / health and general insurance / pension and annuities.
Prior to joining Max PFM, he has worked in various organisations like HDFC Life, TATA AIG, ICICI Lombard and GTL Limited. In his previous role, he was responsible for growing retirement category and heading NPS government business.

Sumit Mohindra is a seasoned executive having over two decades of experience spanning across the financial industry, including financial services and life insurance. He is proficient in integrating people, technology & processes to achieve enterprise goals.
Prior to moving as the CEO of ICICI Pru Pension, Sumit helped ICICI Prulife establish life insurance distribution footprints for various sales channels & scaling existing channels, while driving business profitability with cost savings and building strategic alliances across geographies.
With his well- rounded leadership qualities, strong people connect & communication skills, Sumit is now focused on innovating & steering ICICI Pru Pension business from the ground up, enabling digital transformation, team development & execution to drive year on year growth.
He has been awarded and recognized for delivering multi layered & complex projects across assignments. He holds a Bachelor's Degree in Engineering and a post graduate diploma in management.

Kurian is the CEO of Tata Pension Management Ltd. which has been set up to manage retiral funds under the New Pension System (NPS) architecture.

Prior to his role at Tata Pension, Kurian headed the Institutional Sales team at Tata Asset Management (TAM) and has an overallwork experience of more than 24 years. He has been associated with theTata Pension and TAM for about15 years in various rolesincluding pension management, institutional sales and international business.

Prior to his stint at TAM, Kurian spent about 7.5 years with UTI Asset Management, in variousroles including Institutional Sales and Investment Monitoring.

Kurian began his career as a Management Trainee with GEC Alsthom India, an Anglo French JV.When he left the company after a stint of 2 years, he was heading the Fabrication Shop at theSwitchgear Division at Kolkata.

Kurian holds a B Tech (Mechanical) degree and has completed his PGDM with specialization insales and marketing.