The authorities appointed former Financial Services Secretary Debasish Panda the brand new Chairman of the Insurance Regulatory and Development Authority of India (Irdai) on Friday.
The Appointments Committee of the Cabinet has accepted Panda’s appointment as chairperson of the insurance coverage regulator initially for a interval of three years from the belief of cost, the Centre mentioned in a notification.
A 1987-batch IAS officer, Panda replaces Subhash Chandra Khuntia, who accomplished his time period final May. On Wednesday, the Appointments Committee of the Cabinet named Rakesh Joshi as Whole-Time Member (Finance & Investment) of Irdai.
