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J Harinarayan new IRDA Chief

Mr. Jandhyala Harinarayan is appointed as a chairman of Insurance Regulatory Development Authority of India (IRDA), succeeding CS Rao who retired in May this year.

Apnainsurance.com Research Bureau

10 Jun 2008

Mr. Jandhyala Harinarayan has been appointed as a chairman of insurance Regulatory Development Authority of India (IRDA), succeeding CS Rao who retired in May this year. He was formerly associated with the Andhra Pradesh government as a chief secretary.

Recommendations for his appointment were made by search committee headed by finance secretary D Subba Rao.

Mr Harinarayan, who was a former chief secretary of Andhra Pradesh, will have a five-year tenure at IRDA. He succeeds CS Rao who retired in May this year.

He was chosen for the top job based on the recommendations of a search committee headed by finance secretary D Subba Rao. The new chairmen will work in a direction  to widen and deepen insurance penetration in India and promote competition among insurers to give a better deal to consumers.



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