IRDAI Appoints Two New Whole-Time Members
Why in News?
Dinesh Pant (former LIC MD) and Girija Subramanian (former NIACL CMD) join IRDAI as Whole-Time Members. The Centre, on the recommendation of the Appointments Committee of the Cabinet, appointed Dinesh Pant as Whole-Time Member (Actuary) and Girija Subramanian as Whole-Time Member (Distribution) at the Insurance Regulatory and Development Authority of India, each for a five-year term or until age 65.
Key Highlights
- Dinesh Pant appointed IRDAI Whole-Time Member (Actuary)
- Girija Subramanian appointed Whole-Time Member (Distribution)
- Pant is a former LIC MD; Subramanian a former NIACL CMD
- Five-year term or until age 65
Static GK
- IRDAI was set up under the IRDA Act, 1999 and is headquartered in Hyderabad
- LIC was established in 1956