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Rajay Kumar Sinha Appointed as New Chairman of IRDAI.

Appointments | Dated: 05 Dec 2025

The Appointments Committee of the Cabinet (ACC) has approved the appointment of Rajay Kumar Sinha as the new Chairman of the Insurance Regulatory and Development Authority of India (IRDAI). He succeeds Debasish Panda, whose tenure ended recently. Sinha previously served as the Whole-Time Member (Finance and Investment) at IRDAI.

🎯 Key Highlights:

  • His appointment is for a period of three years or until further orders.
  • Sinha brings over 35 years of experience in the banking and insurance sector, having held senior positions in SBI.
  • His primary goal is to achieve the "Insurance for All by 2047" vision.

💡 Other Important Facts:

  • Appointee: Rajay Kumar Sinha.
  • Position: Chairman, IRDAI.
  • Vision: Insurance for All by 2047.

📚 Test Your Knowledge:

Who has been appointed as the new Chairman of the Insurance Regulatory and Development Authority of India (IRDAI)?

Correct Answer: Rajay Kumar Sinha

🚀 Quick Recap:

About IRDAI

  • HQ – Hyderabad, Telangana
  • Founded – 1999