Ajay Seth appointed new IRDAI chairman

Ajay Seth, the former finance secretary, has been appointed as the new chairman of the Insurance Regulatory and Development Authority of India (IRDAI) for a three-year term. His appointment fills a vacancy of over four months after Debashish Panda’s departure. Seth’s extensive experience in economic policy and finance positions him to lead key initiatives like Bima Sugam and Bima Vistar.