The Appointments Committee of the Cabinet has approved the appointment of former DFS Secretary Debasish Panda, a retired IAS officer, as the Chairperson of the Insurance Regulatory and Development Authority of India (IRDAI), which is the insurance regulator.
Debasish Panda is a former financial services secretary. The post of Chairman of IRDAI was lying vacant since May 2021 when Subhash Chandra Khuntia completed his term.