Dr. Shashank Saksena holds degrees of Master of Arts in Economics and Bachelor of Law from the University of Allahabad, Uttar Pradesh, and an M.Sc. in Macroeconomic Policy & Planning in Developing Countries from the University of Bradford, United Kingdom. He also has a Ph.D. in Agricultural Economics from Dr. Bhimrao Ambedkar University, Agra, Uttar Pradesh and has authored numerous articles and book chapters on financial regulation, insolvency, and pension reforms.
Dr. Shashank Saksena has over 35 years of experience in financial sector policy, economic governance, and regulatory reforms. In his last assignment, he served as a Consultant in the Department of Economic Affairs, Ministry of Finance, where he led India’s G20 financial sector work and advised on financial stability, cybersecurity, and financial sector reforms. He was also a Senior Economic Adviser in Department of Economic Affairs, Ministry of Finance. He has played a pivotal role in major legislative initiatives including The Factoring Regulation Act (2011), Pension Fund Regulatory and Development Authority Act, 2013, Insolvency and Bankruptcy Code (2016), Monetary Policy Framework (2016), Fugitive Economic Offenders Act (2018), and the Bilateral Netting of Qualified Financial Contracts Act (2020). He served as Appellate Authority under the Reserve Bank of India Act, 1934 and was also given additional charge of the post of Member, Board for Industrial and Financial Reconstruction (BIFR) under the Sick Industrial Companies (Special Provisions) Act, 1985.
Dr. Shashank Saksena has served in key positions across the different Departments of Ministry of Finance for over two decades, contributing to reforms in financial sector, pension systems, banking, and crisis-management framework during the 2008 global financial crisis. He has represented India on international platforms such as the Financial Stability Board and participated in global pension and financial sector conferences and Working Groups. He has also held board-level positions in major financial institutions including Allahabad Bank, Central Bank of India, AIC, DICGC, and statutory regulatory bodies like PFRDA and IBBI.
