Archive · 24 Jul 2025
Former Finance Secretary Ajay Seth Named IRDAI Chairman
The government has chosen Ajay Seth, who used to be in charge of money matters, to be the new boss of the IRDAI, which oversees insurance companies.
This means he'll be the head of the organization for three years, unless he turns 65 sooner.
This job was empty since the last person in charge left in March.
Ajay Seth has worked with money and managing projects for a long time.
He even filled in as the Revenue Secretary, helping to collect taxes.
He knows a lot about how the government works and has received awards for his work.
Ajay Seth, former Finance Secretary, appointed as IRDAI Chairman.
The appointment is for a period of three years, or until age 65.
The position was vacant since Debashish Panda's resignation in March.
Seth has experience in public finance, social sector administration, and infrastructure.
He previously held additional charge as Revenue Secretary.
- Who
- Ajay Seth (appointed) and the Indian government.
- What
- Appointment of Ajay Seth as IRDAI Chairman.
- When
- The appointment was recently made.
- Where
- India.
- Why
- To fill the vacant position and lead IRDAI.
- Appointee
- Ajay Seth
- Position
- Chairman, IRDAI
- Tenure
- 3 years, or until age 65
- Previous Role
- Finance Secretary
- Former Role
- Revenue Secretary (additional charge)
- Former Chairman
- Debashish Panda
- Experience
- Public finance, infrastructure, etc.