Former Finance and Economic Affairs Secretary Ajay Seth has been appointed by the government as Chairman of the Insurance Regulatory and Development Authority of India (IRDAI) for a three-year term.
The Appointments Committee of the Cabinet approved the appointment of the former IAS officer to the top post at the insurance regulator. The appointment is for a period of three years or till the incumbent attains the age of 65 years or until further orders, whichever is the earliest, the government said.
The 1987-batch Karnataka cadre IAS officer, who retired as the Union Finance Secretary in June, will succeed Debasish Panda, also a former IAS officer, as IRDAI Chairman. Mr. Panda’s three-year term ended in March and ever since the post at IRDAI had remained vacant.
Published – July 24, 2025 09:02 pm IST