More than 11 months after the post fell vacant, the Central government on Friday decided to appoint Debasish Panda, former Secretary, Department of Financial Services, as the Chairman of the Insurance Regulatory and Development Authority of India (IRDAI).
The Appointments Committee of the Cabinet has approved the appointment of Panda as IRDAI chief, initially for a period of three years from the date of assumption of the charge of the post or until further orders, whichever is earlier.
Subhash C. Khuntia retired as IRDAI chief in early May 2021 and the government didn’t fill up the post after that.