Question
Download Solution PDFWho took charge as the chairman of The Insurance Regulatory and Development Authority of India in March 2022?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Debasish Panda.
Key Points
- Debasish Panda assumed leadership of the office on March 14, 2022, in the Insurance Regulatory and Development Authority (IRDAI) office in Hyderabad, three days after being named as the organization's chairwoman.
- Panda is an IAS officer from the Uttar Pradesh cadre and is from Odisha. He worked as the department of financial services (DFS) secretary in the Union finance ministry from February 2020 until January 2022, when he retired, before joining IRDAI.
- At the Center, Panda has also held the positions of joint secretary (health), additional secretary, and special secretary. He held the positions of principal secretary and district magistrate at Uttar Pradesh's Deoria, Tehri, Uttarkashi, and Ghaziabad (vigilance).
- Since its founding, IRDAI has had five chairpersons: N Rangachary (1996–2003), CS Rao (2003–08), Hari Narayan (2008–13), TS Vijayan (2013–18), and SC Khuntia (2018–21). Only TS Vijayan comes from an industry background; the others are bureaucrats. Panda has served on the boards of New India Assurance and Life Insurance Corporation, two of the biggest players in the public insurance market.
Additional Information
- Ajay Bhushan Pandey:
- Director General of the Indian Unique Identification Authority. The Appointments Committee of the Cabinet (ACC) presided over by the prime minister named Pandey as the chief executive officer (CEO) of the Unique Identification Authority of India in May 2016. He began serving in this capacity on May 31, 2016.
- Sanjeev Sanyal:
- Indian economist and author Sanjeev Sanyal is the government of India's principal economic advisor at the moment. He is both an urban thinker and an environmentalist.
- Ashwin Yardi:
- Ashwin is the CEO of Capgemini Technology Services India and a member of the executive committee for the Capgemini Group.
Last updated on Jun 25, 2025
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