BS BFSI Insight Summit 2022: Irdai member Rakesh Joshi to speak at event

Joshi was made the head of a 15-member Health Insurance Consultative Committee set up by Irdai in October. He has more than 37 years of experience in the financial services industry

Rakesh Joshi is a member of the country’s insurance regulator — the Insurance Regulatory and Development Authority of India (Irdai). He is in charge of the investment and finance segment. Joshi assumed charge as a Member of the Irdai on March 22, 2022, with a term of three years. He has more than 37 years of experience in the financial services industry.
 

At the end of October, Joshi was made the head of a 15-member Health Insurance Consultative Committee set up by Irdai. The committee, which will have a term of two years, has been tasked with identifying the challenges to increasing the penetration of health insurance in the country, and making suitable recommendations to overcome them.
 

The committee, whose aim is to achieve the goal of universalisation of health insurance in the country, will identify problems in the entire health insurance value chain and make appropriate recommendations. It will also recommend ways to facilitate the ease of doing business in the health insurance sector.
 

A BSc graduate from Presidency College, Kolkata, Joshi joined India’s largest lender, State Bank of India, as a direct recruit officer in the cadre of Probationary Officer in 1984. He was formerly executive vice-president and group head (debt capital markets) at SBI Capital Markets.