India's regulator, the Insurance Regulatory and Development Authority of India has appointed Mr Ajay Seth as chairman, after a five-month vacancy, according to news platform The Economic Times. His appointment was cleared by the government on 25 July 2025 for a three-year term, or until he turns 65, the news site said.
According to the platform, Mr Seth succeeds Mr Debashis Panda, whose term ended on 13 March 2025.
Mr Seth is a former secretary of the department of economic affairs and has over three decades of experience in economic policy and regulatory reforms, said The Economic Times.