Answer: Ajay Seth
Notes: Recently, on July 24, 2025, the government appointed Ajay Seth as the new Chairman of the Insurance Regulatory and Development Authority of India (IRDAI). The appointment was approved by the Appointments Committee of the Cabinet. Ajay Seth is a 1987-batch Indian Administrative Service (IAS) officer from the Karnataka cadre. He retired as Union Finance and Economic Affairs Secretary in June 2025. He will serve as IRDAI Chairman for three years or till the age of 65 or until further orders, whichever comes earlier. He succeeds Debasish Panda, also a former IAS officer, whose term ended in March 2025.
