Wednesday, May 18, 2022
  • Hyderabad
  • Telangana
  • Andhra Pradesh
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Reviews
    • Education Today
    • Property
    • Videos
    • Lifestyle
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
Home | Business | Finmin Seeks Applications For Irdai Whole Time Member Post

FinMin seeks applications for Irdai Whole Time Member post

By PTI
Published: Published Date - 05:57 PM, Mon - 8 March 21
File Photo 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.

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

  • Editorial: Inflation woesBlurb

  • Ace current affairs topic

  • April retail inflation at 7.79%, above RBI’s tolerance band for fourth month

  • Opinion: Long road to recovery

  • RBI raises repo rate by 40 basis points to 4.40 pc with immediate effect

  • ‘Insurance should be bought based on need’

Latest News

  • These three apps on your android device can steal your money

    7 mins ago
  • Telangana: Greenman Ramaiah injured in road accident in Khamman

    21 mins ago
  • YouTube Music for Wear OS rolls out Wi-Fi, LTE streaming

    32 mins ago
  • Urvashi Rautela turns Snow White as she makes Cannes debut

    45 mins ago
  • Pakistani TikToker sets ‘forest, internet’ on fire, faces flak for ‘dangerous’ trend

    1 hour ago
  • Rajiv Gandhi assassination case: SC orders release of convict A G Perarivalan

    1 hour ago
  • Gujarat Patidar leader Hardik Patel quits Congress

    2 hours ago
  • Netflix screening movies, TV shows in advance for feedback: Report

    2 hours 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