Government appoints former financial services secretary Debasish Panda as head of IRDAI

The government on Friday appointed former financial services secretary Debasish Panda as chairman of the Insurance Regulatory and Development Authority of India (IRDAI).

The Cabinet Appointments Committee has approved Panda’s appointment as chairman of the insurance regulator initially for a period of three years from taking charge, sources said.

Panda, a 1987 IAS officer from the Uttar Pradesh cadre, retired as Financial Services Secretary in January this year after a two-year stint.

The appointment of the IRDAI President comes nearly 9 months after the vacancy was created after Subhash Chandra Khuntia completed his term in May last year.

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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