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Debasish Panda takes charge as Irdai chairman for a three-year period

The position of Irdai chairman was vacant for a period of over nine months, ever since Subhash Chandra Khuntia demitted office in May 2021

Former financial services secretary Debasish Panda has been appointed Irdai chairman. Illustration: Ajay Mohanty
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Irdai chairman Debasish Panda. (Illustration: Ajay Mohanty)

BS Reporter Mumbai
Debasish Panda on Monday took charge as the chairman of Insurance Regulatory Development of India (Irdai), following his appointment last week. Panda has been appointed as the chairman of Irdai for a period of three years. The position of Irdai chairman was vacant for a period of over nine months, ever since Subhash Chandra Khuntia demitted office in May 2021.

Panda is an officer of Indian Administrative Service of 1987 batch of Uttar Pradesh cadre. Prior to joining Irdai, Panda served as secretary, department of financial Services, ministry of finance, government of India where he superannuated in January this year.