The Financial Planning Standards Board India (FPSB), the professional standards setting body for financial planners, today appointed B N Srikrishna, a retired Supreme Court judge, as its chairman.
The appointment of Srikrishna, who authored the much-talked about Financial Sector Legislative Reforms Commission (FSLRC), is effective this fiscal.
He takes over from Dhirendra Swarup, who was the chairman of the Pension Fund Regulatory and Development Authority (PFRDA).
The former Supreme Court judge was also the chairman of the Sixth Central Pay Commission apart from being the chief justice of the Kerala High Court.
On his appointment, Srikrishna said, “As a public-private enterprise and professional standards setting body for financial planning, FPSB India has been doing a commendable work.”
FPSB India is a public-private enterprise and a professional standards setting body that proactively guides development and promotion of standards for financial planning professionals to benefit and protect the public.
It was established by leading financial institutions including LIC, SBI, UTI AMC, ICICI, Axis Bank amongst others.