The Centre has appointed Rajay Kumar Sinha as the Whole-Time Member (Finance and Investment) of the Insurance Regulatory and Development Authority of India (IRDAI) for a period of three years.
He is currently the Managing Director (MD) and Chief Executive Officer (CEO), SBI Capital Markets. He also holds the position of Deputy Managing Director, SBI, Corporate Centre, Mumbai.
A letter from the Appointments Committee noted, “The Appointments Committee of the Cabinet has approved the appointment of Rajay Kumar Sinha, presently serving as the Managing Director and Chief Executive Officer, State Bank of India Capital Markets, to the post of Whole-Time Member (Finance and Investment), Insurance Regulatory and Development Authority of India, for a period of three years from the date of assumption of charge of the post or until further orders, whichever is earlier.”
