Swaminathan S. Aiyar was recently appointed to which position in IRDAI?
A) Chairman
B) Full-time Member (Life)
C) Full-time Member (General Insurance)
D) Executive Director
Answer : B
Description :
Swaminathan S. Aiyar was recently appointed as the Full-time Member (Life) of the Insurance Regulatory and Development Authority of India (IRDAI). His appointment was approved by the Appointments Committee of the Cabinet (ACC) on 25 March 2025. This is a significant move as Aiyar is the first private-sector professional to hold this position, breaking the tradition of appointments from the Life Insurance Corporation (LIC).
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