Archive · 24 Jul 2025
Ajay Seth Appointed as New Chairman of IRDAI
The government has chosen Ajay Seth to be the new boss of IRDAI, which is like the main supervisor for insurance companies.
He used to be in charge of money matters for the government.
The job has been empty since March 2025 because the old boss left.
Ajay Seth has a long history working for the government, starting in 1987.
He was also in charge of government money and even helped out with tax collection for a little while.
Ajay Seth, former Finance Secretary, appointed as new IRDAI Chairman.
The position was vacant since March 2025 after Debasish Panda's resignation.
Seth is a 1987-batch IAS officer from the Karnataka cadre.
He served as DEA Secretary since 2021.
Seth briefly held additional charge as Revenue Secretary.
- Who
- Ajay Seth (former Finance Secretary) and Debasish Panda (former Chairman).
- What
- Ajay Seth appointed as the new Chairman of IRDAI.
- When
- Appointment occurred; position vacant since March 2025.
- Where
- India
- Why
- To fill the vacant position and lead IRDAI.
- Appointee
- Ajay Seth
- Former Role
- Finance Secretary and Secretary of the Department of Economic Affairs (DEA)
- Organization
- Insurance Regulatory and Development Authority of India (IRDAI)
- Previous Chairman
- Debasish Panda
- IAS Cadre
- Karnataka (1987-batch)