IRDAI has issued the following list of Chairman and Whole-time Members dated March 12, 2024.
i. List of Chairman/Chairperson and Whole-time Members of the Authority since inception; and
ii. List of Current Chairperson and Whole-time Members of the Authority as on 12.03.2024
Sl.
No.
Name of the Member
(Shri/Smt./Ms.)
Designation
From
Date of taking
charge/Appointment
Date of completion of
Tenure/Demitting office
1.
Shri N Rangachary
Chairman
Chairman, Central Board of Direct Taxes
19.04.2000
09.06.2003
2.
Shri C S Rao
Chairman
Revenue Secretary, Government of India
10.06.2003
14.05.2008
3.
Shri J Hari Narayan
Chairman
IAS (Retired)
12.06.2008
20.02.2013
4.
Shri T S Vijayan
Chairman
Ex-Chairman, Life Insurance Corporation of India
21.02.2013
20.02.2018
5.
Dr. Subhash Chandra Khuntia
Chairman
IAS (Retired)
07.05.2018
06.05.2021
6.
Shri Debasish Panda
Chairman
Former Secretary,
14.3.2022
12.03.2024
Continuing as on
12.03.2024
Department of Financial Services, Ministry of Finance, Government of India
Sl.
No.
Name of the Member
(Shri/Smt./Ms.)
Designation
From
Date of taking
charge/Appointment
Date of completion of
Tenure/Demitting office
1.
Shri Haris Ansari
Whole-time Member
General Manager, Oriental Insurance Corporation
19.04.2000
31.03.2001
2.
Shri Hari Om Sonig
Whole-time Member
Ex- Executive Director(P&GS), Life
Insurance Corporation of India
26.04.2000
31.12.2002
3.
Shri Harbhajan Singh
Whole-time Member
Retired Chairman, Allahabad Bank
28.08.2000
31.03.2002
4.
Shri S D Mohile
Whole-time Member
Retired Chairman of the
Central Board of Excise & Customs, Government of India
28.08.2000
26.02.2002
5.
Shri R C Sharma
Whole-time
Member(Non-Life)
Former General Manager, The Oriental Insurance Company Limited
01.10.2001
21.06.2003
6.
P A Balasubramanian
Whole-time Member (Actuary)
Ex-Executive Director, Life Insurance Corporation of India
15.03.2002
31.05.2005
7.
Shri T K Banerjee
Whole-time Member (Life)
Executive Director, Life Insurance Corporation of
India
18.08.2003
01.08.2005
8.
Shri Mathew Verghese
Whole-time Member (Non-Life)
Ex-Managing Director and Principal Officer,
Kenindia Assurance Company Ltd. Kenya
29.10.2003
31.08.2005
9.
Shri C R Muralidharan
Whole-time Member (Finance & Investment)
Reserve Bank of India
06.05.2005
03.11.2009
10.
Shri K K Srinivasan
Whole-time Member (Non-Life)
TAC
05.09.2005
04.09.2010
11.
Dr R Kannan
Whole-time Member (Non-Life)
Served in Reserve Bank of India and SBI Life
18.12.2006
01.06.2011
Insurance in very senior level positions
12.
Shri G Prabhakara
Whole-time Member (Life)
Ex-Zonal Manager, Life Insurance Corporation of India
15.12.2006
14.12.2011
13.
Shri Radha Krishnan Nair
Whole-time Member (Finance & Investment)
Executive Director, Securities & Exchange Board of India (SEBI)
18.03.2010
17.03.2015
14.
Shri M Ramaprasad
Whole-time Member (Non-Life)
Ex- General Manager, General insurance Corporation of India
11.10.2010
01.05.2015
15.
Shri Sudhin Roy Chowdhury
Whole-time Member (Life)
Ex- Executive Director(Marketing &
Product) in Life Insurance Corporation of India
28.03.2012
21.02.2014
16.
Shri D D Singh
Whole-time Member (Distribution)
Ex- Zonal Manager in charge of Southern
20.05.2013
04.10.2016
Zone, LIC of India, Chennai in Executive Director Cadre
17.
Ms. Pournima Gupte
Whole-time Member (Actuary)
Chief Actuary, IDBI Federal Life Insurance Co.
Ltd.
13.01.2015
12.01.2020
18.
Ms. Vijayalaxmi Rajaram Iyer
Whole-time Member (Finance& Investment)
CMD, Bank of India
15.06.2015
31.05.2017
19.
Shri Nilesh Bhaskar Sathe
Whole-time Member
(Life)
CEO, LIC Nomura Mutual Fund Asset Management Company Limited
01.07.2015
30.04.2019
20.
Shri Joseph Plappallil J
Whole-time Member (Non-Life)
Chairman-cum-Managing Director Agriculture Insurance Company of
India Limited (AICIL)
29.03.2016
13.01.2019
21.
Shri Sujay Banarji
Whole-time Member (Distribution)
Ex- General Manager and Director, OICL
01.03.2018
08.01.2020
22.
Shri Kutumbe Pravin Hari
Whole-time Member
(Finance & Investment)
Ex-Executive Director
(Investment/Monitoring & Accounting)
12.03.2018
11.03.2021
23.
Smt. T L Alamelu
Whole-time Member (Non-Life)
Former Chairman cum Managing Director, Agriculture Insurance Company
01.07.2019
06.05.2022
24.
Shri K Ganesh
Whole-time Member
(Life)
Former Executive Director, LIC of India
31.07.2019
30.07.2022
25.
Shri Rakesh Joshi
Whole-time Member
(Finance&Investment)
Former Executive Vice President and Group Head, SBI Capital Markets Limited
22.03.2022
01.12.2023
26.
Ms. S. N. Rajeswari
Whole-time Member (Distribution)
Former Chairman-cum- Managing Director of The Oriental Insurance Company Limited
04.03.2021
03.03.2024
27.
Shri Parmod Kumar Arora
Whole-time Member (Actuary)
Former Secretary
(International Operations), in LIC of India
04.01.2021
12.03.2024
Continuing as on
12.03.2024
28.
Shri Thomas M. Devasia
Whole-time Member (Non-Life)
Former Technical Expert Large Risks [Energy & Infrastructure- On-Shore & Off-Shore], Marsh Insurance Brokers India,
Kochi, Kerala
19.09.2022
12.03.2024
Continuing as on
12.03.2024
29.
Shri B C Patnaik
Whole-time Member
(Life)
Managing Director of LIC of India
01.05.2023
12.03.2024
Continuing as on
12.03.2024
30.
Shri Rajay Kumar Sinha
Whole-time Member (Finance & Investments)
Managing Director and CEO at SBI Capital Markets Limited
(Investment Banking arm of SBI) & Ex. Deputy Managing Director at SBI,
Corporate Centre, Mumbai
24.01.2024
12.03.2024
Continuing as on
12.03.2024
Source category: IRDAI
Attachments
- /2024/365_Former_and_current_Chairperson_and_Whole_time_members_of_Authority.pdf


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