Friday, Jun 2, 2023
English News
  • Hyderabad
  • Telangana
  • Andhra Pradesh
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Reviews
    • Education Today
    • Property
    • Videos
    • Lifestyle
    • Rewind
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
  • Rewind
Home | Business | Finmin Seeks Applications For Irdai Whole Time Member Post

FinMin seeks applications for Irdai Whole Time Member post

The applicant should not be below the rank of a Chief General Manager of the Reserve Bank of India or equivalent thereto in other financial institutions or regulatory bodies, it said.

By PTI
Published Date - 05:57 PM, Mon - 8 March 21
FinMin seeks applications for Irdai Whole Time Member post
File Photo
whatsapp facebook twitter telegram

New Delhi: The Finance Ministry has invited applications for the post of a Whole Time Member (Finance and Investment) at insurance regulator Irdai. The applicant should preferably have at least 25 years’ experience in the area of finance and investment, with a minimum of three years’ experience at a senior level, Department of Financial Services said in an advertisement.

The applicant should not be below the rank of a Chief General Manager of the Reserve Bank of India or equivalent thereto in other financial institutions or regulatory bodies, it said. The department, under the Finance Ministry, said the applicant should have a minimum of two years of residual service as on the last date for receipt of applications, which means the applicant’s age should not exceed 60 years on the said date.

The term of the office of the member will be in accordance with the Insurance Regulatory and Development Authority Act. No person will hold the office of the Whole Time Member after attaining the age of 62 years, it added. On salary and allowances, the member will be entitled to consolidated pay and allowances of Rs 4 lakh per month without the facility of house and car.

Applications can be submitted till April 4. Irdai (Insurance Regulatory and Development Authority of India) has a ten-member team led by the Chairman alongside five Whole Time Members and four Part Time Members, which are being filled by the government.

The current Whole Time Member (Finance and Investment) Pravin Kutumbe assumed charge on March 12, 2018. S N Rajeswari, Member (Distribution); Pramod Kumar Arora, Member (Actuary); K Ganesh, Member (Life) and T K Alamelu, Member (Non-Life) are the other four Whole Time Members of the authority.

  • Follow Us :
  • Tags
  • Finance and Investment
  • Finance Ministry
  • IRDAI
  • Pramod Kumar Arora

Related News

  • RBI issues draft directions on digital payment security controls

    RBI issues draft directions on digital payment security controls

  • Cash sales at petrol pump spike to 90 per cent as customers rush to use Rs 2,000 notes

    Cash sales at petrol pump spike to 90 per cent as customers rush to use Rs 2,000 notes

  • No forms, ID cards needed to exchange Rs 2000 notes: SBI

    No forms, ID cards needed to exchange Rs 2000 notes: SBI

  • Raj Thackeray slams Centre over RBI’s decision to withdraw Rs 2000 notes

    Raj Thackeray slams Centre over RBI’s decision to withdraw Rs 2000 notes

  • Congress demands fair investigation in withdrawal of Rs 2,000 notes from circulation

    Congress demands fair investigation in withdrawal of Rs 2,000 notes from circulation

  • Centre to get Rs 87,416 crore dividend from RBI

    Centre to get Rs 87,416 crore dividend from RBI

Latest News

  • WFI chief Brij Bhushan still under ‘suraksha kavach’ of PM Modi, says Rahul Gandhi

    6 seconds ago
  • Hyderabad: 11 new police stations start functioning

    48 seconds ago
  • AI-controlled drone ‘kills’ its human operator in simulated test in US

    10 mins ago
  • Delhi High Court grants permission to Sisodia to meet his wife, family

    19 mins ago
  • Mahabubnagar sees rapid transformation; Cultivation area increases to 19.34 lakh acres

    5 mins ago
  • Man dies of heart attack while playing shuttle in Jagtial

    30 mins ago
  • Will strive for Telangana’s development till my last breath, says KCR

    32 mins ago
  • ‘Opposition unable to question Centre, State govts on failure to implement bifurcation promises’

    40 mins ago

company

  • Home
  • About Us
  • Contact Us

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

© Copyrights 2022 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam