Ministry : Insurance Regulatory And Development Authority (Not Applicable)
Part III-Section 4
Subject : Extra Ordinary
Overview [Insurance Advisory Committee Vacancies Notification]
This is an extraordinary gazette notification from the Insurance Regulatory and Development Authority of India (IRDAI) announcing the reconstitution of its Insurance Advisory Committee by filling five vacant positions.
Key Points
- Authority: Issued under Section 25(1) of the Insurance Regulatory and Development Authority Act, 1999 and Regulation 3A of the Insurance Advisory Committee Regulations, 2000.
- Appointments: Five members appointed to the reconstituted Insurance Advisory Committee:
- Shri M. R. Kumar
- Shri Dinesh Kumar Khara
- Ms. Vishakha Mulye
- Shri Nilesh Shah
- Ms. Alice Geevarghese Vaidyan
- Effectiveness: The appointment is effective from the date of publication in the official gazette.
- Leadership: The committee is chaired by Debasish Panda.
Summary
The Insurance Regulatory and Development Authority of India has officially notified the appointment of five new members to reconstitute its Insurance Advisory Committee. This gazette notification, published on March 18, 2025, exercises powers granted under the IRDAI Act, 1999, to fill vacancies that are effective immediately upon publication. The appointment of these members, including notable figures like Shri Dinesh Kumar Khara and Ms. Alice Geevarghese Vaidyan, signals a refresh of expert advisory input for India's insurance regulatory framework.
