The appointment committee of the cabinet (ACC) has notified that LIC Executive Director Ganesh K will take charge as the new whole-time member (life) at IRDAI.
Ganesh has worked across several departments including customer relations, zonal manager, claims settlement, corporate communications and health insurance among others. He has also been the executive director for customer relations management since April 2016.
In October, 2018, the finance ministry had invited applications for the whole-time member for life and non-life at IRDAI. The applicants were required to have at least 25 years experience in the area of life insurance with a minimum of three years experience at a senior level not below the rank of an executive director in a public sector insurer or equivalent. The applicant was also required to have a minimum of two years of residual service for being eligible for the post.
