India names new regulatory head

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A new chairman for the Insurance Regulatory and Development Authority of India (Irdai), has finally been appointed.

Subhash Chandra Khuntia, the appointee, served in various government departments, as secretary at the Department of School Education and Literacy, and special secretary and financial adviser in the Ministry of Petroleum and Natural Gas.

He has also held positions in Hindustan Petroleum Corporation and Indian Oil Corporation, as well as Karnataka chief secretary.

Based on a website release by the Department of Personnel and Training, Khuntia’s appointment is for three years, according to the Appointments Committee of the Cabinet.

He succeeds TS Vijayan, whose term ended on February 21 and rendered the position vacant for more than two months.

This post was syndicated from InsuranceAsia News. Click here to read the full text on the original website.

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