Vijayan takes over as IRDA chief

print   ·   T  T  
T. S. Vijayan
T. S. Vijayan

Former LIC chief T. S. Vijayan, on Thursday, took over as the Chairman of the Insurance Regulatory and Development Authority (IRDA).

Mr. Vijayan succeeds J. Hari Narayan who completed his five-year term on Wednesday. IRDA chairperson’s tenure is for five years or till the age of 65 years.

Mr. Vijayan assumes office at a time when industry is facing a slowdown. He faces the task of taking insurance to rural markets. Simplification of insurance products will be another challenge for him. — PTI



Recent Article in BUSINESS

India Inc to benefit as imported coal prices set to fall

India‘s coal import volumes are set to rise by over 30 per cent over the next two years to 214 million tonnes in 2015-16, as domestic sup... »