K Rajaraman Gets Extension as International Financial Services Centres Authority (IFSCA) Chairperson

Exam-focused facts from the 5 August 2026 current affairs briefing.

Key facts

K Rajaraman's tenure as Chairperson of the International Financial Services Centres Authority (IFSCA) has been extended beyond July 31, 2026, until October 2028 or until further orders.
He assumed charge as IFSCA Chairperson on August 1, 2023.
Rajaraman is a retired 1989-batch Indian Administrative Service (IAS) officer of the Tamil Nadu cadre.
He previously served as Secretary in the Department of Telecommunications.
He also held positions such as Additional Secretary in the Department of Economic Affairs and Joint Secretary in the Department of Expenditure under the Ministry of Finance.
Rajaraman holds a B-Tech degree (gold medallist), an MBA, and a Master's degree in Economics.