EPFO OFFICER SELECTED FOR WORLD BANK–MILKEN PFAM PROGRAM

Current Context: Vivekanand Gupta from Employees’ Provident Fund Organisation (EPFO) has been selected for the World Bank–Milken Public Financial Asset Management (PFAM) Program 2025–26.

He is the first officer from EPFO and India to join this elite global financial cohort.

ABOUT THE PFAM PROGRAM

• Organised by: World Bank and Milken Institute
• Participants: 16 members from 13 countries
  • 11 from Central Banks
  • 3 from Sovereign Wealth Funds
  • 2 from major Pension Funds
• Focus Areas:
  • Capital market operations
  • Strategic long-term asset management
  • Governance frameworks for public financial institutions
• Objective: To build leadership in managing public financial assets efficiently and sustainably.