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Three months after Panda's exit, Irdai chairperson post remains vacant

Absence of a regulator stalls key insurance reforms including Bima Trinity, composite licence, and risk-based capital framework Subrata Panda Aathira Varier Mumbai Listen to This Article Nearly three months have passed since Debasish Panda completed his term as Chairperson of the Insurance Regulatory and Development Authority of India (Irdai), yet the position remains vacant. The Ministry of Finance had invited applications for the post, with the last date for submission being April 6. However, the government is yet to make an appointment. Panda, who took charge as Irdai Chairperson in March 2022, had himself been appointed nearly 10 months after the departure of his predecessor, Subhash Chandra Khuntia. With Panda completing his term on March 13 this year, several initiatives he had spearheaded now