The Modi government on Friday (28.04.2023) appointed the former Managing Director of LIC BC Patnaik as Member (Life) of the Insurance Regulatory and Development Authority of India (IRDAI). The Appointments Committee of the Cabinet has approved the appointment of Mr. Patnaik, to the post of Whole-Time Member (Life), Insurance Regulatory and Development Authority of India (IRDAI) from the date of assumption of the charge of the post till he attains the age of 62 years, or until further orders, whichever is earlier.
