Current Affairs - Awards and Honours - Discussion

Hitesh Rameshchandra Joshi was appointed as the Chairman and Managing Director (CMD) of General Insurance Corporation of India (GIC Re) by the Appointments Committee of the Cabinet. Prior to his official appointment, he had been serving as the acting CMD since October 2025 following the retirement of N. Ramaswamy. With decades of experience in the insurance and reinsurance industry, Joshi has worked across areas such as enterprise risk management, financial planning, reinsurance operations, corporate governance, and strategic planning. His extensive leadership experience and strong academic background make him well-suited to lead GIC Re, India's national reinsurer and one of Asia's largest reinsurance companies.