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India’s insurance regulator gets new chairman after five months

SPIL
Nepal Life

Kathmandu. The Insurance Regulatory and Development Authority of India (IRDAI) has got a new chairman after a vacancy of five months.

According to a report in The Economic Times, the Government of India has approved a three-year term from a decision dated July 25, 2025, or until he turns 65.

Esewa
Crest

The post of chairman had been lying vacant for five months after the compulsory retirement of Debasish Panda on March 13.

The newly appointed chairman is a former secretary at the Department of Economic Affairs. He has more than three decades of experience in economic policy and regulatory reform.

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