TNPSC Thervupettagam

Insurance Regulatory and Development Authority of India - New Chairman

May 4 , 2018 2251 days 878 0
  • Subhash Chandra Khuntia, a 1981-batch Indian Administrative Services officer who was a former Karnataka Chief Secretary, has been appointed as Chairman of Insurance Regulatory and Development Authority of India (IRDAI).
  • The Appointments Committee of the Cabinet (ACC) has approved Khuntia's appointment as a Chairman of Insurance Regulatory and Development Authority of India for a period of three years.
  • The post was vacant for more than two months after TS Vijayan’s tenure came to an end on February 21,
  • IRDAI is an apex statutory body that regulates and develops insurance industry in India. It was constituted as per provisions of Insurance Regulatory and Development Authority Act, 1999.
  • IRDAI’s headquarter is located at Hyderabad.

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