IRDAI has invited applications for the post of Chairman.
The tenure of the chairperson will be five years or till the applicant reaches 65 years of age. The applicant should have at least 30 years of work experience as secretary in the government or its equivalent. Applicants from the private sector should have worked as CEO or equivalent of a large financial institution.
The position of chairman will be offered Rs.4.50 lakh per month without the facility of accommodation and car.
The last date for sending the applications is May 29, 2021.
Currently, Subhash Chandra Khuntia is the Chairman of IRDAI. He has served as Secretary at the Department of School Education & Literacy, Special Secretary and Financial Advisor in the Ministry of Petroleum and Natural Gas and has held positions in Hindustan Petroleum Corporation (HPCL) and Indian Oil Corporation (IOC).