Shri Vivekanand Gupta Becomes First Indian EPFO Officer Selected for PFAM Program 2025–26 at Bayes Business School

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In a landmark achievement, Shri Vivekanand Gupta, Regional Provident Fund Commissioner, has been chosen to represent India and the Employees’ Provident Fund Organisation (EPFO) at the prestigious Public Financial Asset Management (PFAM) Program for 2025–26. This elite program is jointly organized by the World Bank and the Milken Institute, and will be hosted at Bayes Business School, City, University of London.

This selection marks the first-ever participation of an EPFO officer in this global program, making it a historic milestone for India in the realm of public financial management and international leadership.

PDUNASS Facilitates Global Recognition

Shri Gupta’s nomination was made through a competitive process led by the Pandit Deendayal Upadhyay National Academy of Social Security (PDUNASS), the apex training institute of EPFO. By recommending him, PDUNASS has reinforced EPFO’s global presence and set a precedent for future international collaborations in areas such as asset management, investment governance, and capital markets.

The achievement aligns with EPFO’s strategic objectives to:

• Benchmark performance against global standards

• Implement international best practices

• Strengthen capacity for long-term financial sustainability

About PFAM Program

The Public Financial Asset Management (PFAM) Program is an internationally recognized leadership initiative. The 2025–26 cohort consists of:

• 16 participants from 13 countries

• 11 from Central Banks

• 3 from Sovereign Wealth Funds

• 2 from leading Pension Funds

The program provides advanced training in:

• Strategic long-term asset management

• Capital market operations

• Governance frameworks for public financial institutions

Shri Gupta’s participation places India in a global network of top financial professionals and institutions, opening doors for knowledge sharing and innovation in public finance.

Enhancing EPFO’s Global Outlook

With a corpus exceeding Rupees 25 lakh crore, EPFO ranks among the largest social security organizations worldwide. This international recognition through the PFAM Program is expected to:

• Improve asset management efficiency

• Adopt global governance standards

• Enhance returns on retirement savings

• Promote transparency, accountability, and innovation

PDUNASS and EPFO view this opportunity as a strategic step toward institutional modernization, directly benefiting millions of Indian workers dependent on the Provident Fund system.

Key Highlights

• Selected Officer: Shri Vivekanand Gupta, Regional Provident Fund Commissioner

• Program: Public Financial Asset Management (PFAM) Program 2025–26

• Organizers: World Bank and Milken Institute

• Host Institution: Bayes Business School, City, University of London

• Participants: 11 from Central Banks, 3 from Sovereign Wealth Funds, 2 from Pension Funds

• India’s First Participation: Yes

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