The Insurance Regulatory and Development Authority of India (Irdai) has inducted more members to its advisory panel from diverse sectors, including former State Bank of India (SBI) chairman Dinesh Khara. IAC advises the regulator on matters related to insurance regulations.
The new members of Insurance Advisory Committee (IAC) include former Life Insurance Corporation (LIC) chairman MR Kumar, former SBI chairman Khara, Aditya Birla Capital CEO Vishakha Mulye, Kotak Mahindra Asset Management Company’s MD Nilesh Shah and former CMD of General Insurance Corporation Re (GIC) Alice G Vaidyan