labels: banks & institutions
Ashwin Dani appointed on Board of Trustees of EPF news
Our Banking Bureau
07 January 2004

Mumbai: In exercise of the powers conferred by the Employees Provident Fund (EPF) and Miscellaneous Provision Act, 1952, the Central Government recently appointed Mr. Ashwin Dani representing the Federation of Indian Chambers and Industry (FICCI) on the Central Board of Trustees of the Employee Provident Fund via an official notification published in the official Gazette. The Central Board of Trustees governs the employees Provident Fund which is a fund of Rs. 140,000 crores. It has been vested with the responsibility of implementing the Employees' Provident Fund Scheme, the Employees' Pension Scheme and the Employees' Deposit Linked Insurance Scheme.

The Employees' Provident Fund Organisation, India, is one of the largest provident fund institutions in the world in terms of members and volume of financial transactions that it has been carrying on. The Organisation functions under the overall superintendence of the policies framed by the Central Board of Trustees, a tripartite body headed by Union Minister for Labour as Chairman. The Chief Executive Officer of the Organisation is the Central Provident Fund Commissioner, who is also a Member of the Board and its Secretary.

Mr. Ashwin Dani is the Vice-Chairman & Managing Director of Asian Paints (India) Limtied. Asian Paints (I) Limited is India's largest paint company and ranks among the top ten decorative coatings companies in the world. Some other important positions held by Mr Dani are, he is a member of the Executive Committee of the Federation of Indian Chambers of Commerce and Industry (FICCI), New Delhi. FICCI is one of the important representative organizations for Corporate India. He is also the President of All India Organisation of Employers (AIOE).


 search domain-b
  go
 
Ashwin Dani appointed on Board of Trustees of EPF