Current Affairs - Awards and Honours - Discussion

Ajay Seth, a 1987-batch IAS officer from the Karnataka cadre and former Finance Secretary, has been appointed as the new Chairman of IRDAI. His vast experience in economic affairs, infrastructure development, and public finance positions him as a strategic leader for India’s insurance regulator. With the post of IRDAI Chairman vacant since March 2025, his appointment brings much-needed stability and direction. Seth is expected to focus on expanding insurance access, driving digital innovation, improving regulatory transparency, and protecting policyholders. His leadership is seen as critical to advancing reforms and fostering trust in the fast-evolving insurance sector.