Correct option is D
The correct answer is (d) Ajay Seth
Explanation:
- Ajay Seth, a senior bureaucrat and former Economic Affairs Secretary, was appointed as the Chairman of IRDAI in July 2025.
- He succeeded the previous chairperson to lead the insurance regulator during a phase of significant digital transformation in the sector.
- His appointment is aimed at driving the 'Insurance for All by 2047' vision of the Government of India.
- Seth is a 1987-batch IAS officer of the Karnataka cadre with extensive experience in finance and public policy.
- As IRDAI Chairman, he oversees the regulation and development of the life and non-life insurance industries in India.
Information Booster:
- IRDAI is a statutory body headquartered in Hyderabad, established under the IRDA Act, 1999.
- It protects the interests of policyholders and regulates the orderly growth of the insurance industry.
Additional Knowledge:
Suman Bery (Option a)
- He is currently the Vice Chairperson of NITI Aayog and is not associated with IRDAI leadership.
- He served as India's G20 Sherpa and was the former CEO of NITI Aayog; he is not the IRDAI Chairman.
- He is the current CEO of NITI Aayog and continues to hold that position as of 2025.
So the correct answer is (d)
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