IRDAI Appoints Five New Members to Insurance Advisory Committee
ECONOMY & POLICY

IRDAI Appoints Five New Members to Insurance Advisory Committee

The Insurance Regulatory and Development Authority of India (IRDAI) has reconstituted its Insurance Advisory Committee by appointing five new members under Section 25 of the IRDA Act, 1999, and Regulation 3A of the Insurance Advisory Committee Regulations, 2000.

The newly appointed members include:

MR Kumar: Former Chairman of Life Insurance Corporation of India and current Non-Executive Chairman of Bank of India.

Dinesh Kumar Khara: Former Chairman of State Bank of India.

Visakha Mule: CEO of Aditya Birla Capital.

Nilesh Shah: MD of Kotak Mahindra Asset Management Company.

Kotak Ellis G Vaidyan: Former CMD of GIC Re and Independent Director on the boards of Air India and Tata AIA Life Insurance.

The Insurance Advisory Committee comprises members representing various sectors, including commerce, industry, and consumer groups. The appointments will take effect from the date of publication in the official gazette, according to the IRDAI release.

The Insurance Regulatory and Development Authority of India (IRDAI) has reconstituted its Insurance Advisory Committee by appointing five new members under Section 25 of the IRDA Act, 1999, and Regulation 3A of the Insurance Advisory Committee Regulations, 2000. The newly appointed members include: MR Kumar: Former Chairman of Life Insurance Corporation of India and current Non-Executive Chairman of Bank of India. Dinesh Kumar Khara: Former Chairman of State Bank of India. Visakha Mule: CEO of Aditya Birla Capital. Nilesh Shah: MD of Kotak Mahindra Asset Management Company. Kotak Ellis G Vaidyan: Former CMD of GIC Re and Independent Director on the boards of Air India and Tata AIA Life Insurance. The Insurance Advisory Committee comprises members representing various sectors, including commerce, industry, and consumer groups. The appointments will take effect from the date of publication in the official gazette, according to the IRDAI release.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code