IRDAI Approves Appointment of Keki Mistry as Chairman of HDFC Life

Following Deepak Parekh’s resignation from the post of Chairman, HDFC Life Insurance appointed Keki Mistry to fill the position. Subsequently, the Insurance Regulatory and Development Authority of India (IRDAI) granted approval for Mistry’s appointment.

Appointment Confirmation

On May 7, 2024, IRDAI officially approved Keki Mistry’s appointment as Chairman of HDFC Life. This endorsement came after the insurer’s board unanimously selected Mistry for the role, effective immediately upon regulatory approval.

Professional Background

Keki Mistry, a Chartered Accountant and Fellow Member of the Institute of Chartered Accountants of India, previously served as Vice Chairman and CEO of Housing Development Finance Corporation (HDFC) Limited. With HDFC’s amalgamation with HDFC Bank, Mistry transitioned to a Non-Executive Director role on HDFC Bank’s Board. Additionally, he holds directorial positions in several other prominent companies.

Industry Engagement

Mistry’s industry involvement extends to his membership in the Primary Market Advisory Committee (PMAC) established by the Securities and Exchange Board of India (SEBI). He also serves on an Expert Committee formed by SEBI to streamline regulatory provisions, chairing Working Group 1 of this committee.

Piyush Shukla

Recent Posts

Which Painting is known as the Indian Mona Lisa? Know About It

Did you know that India has a painting that is often compared to the world-famous…

11 hours ago

Which Indian State was the First to Change Its Name? Find Out Here

Did you know that some Indian states were not always known by their present names?…

13 hours ago

Govt To Launch CBDC-Based Food Subsidy Pilot Under PMGKAY in Puducherry

The Government of India will launch a CBDC-based Food Subsidy Distribution Pilot under PMGKAY in…

13 hours ago

Hindustan Oil Exploration Company Confirms Baroruchi Mishra as CEO

Hindustan Oil Exploration Company (HOEC) has approved the CEO transition by appointing Baroruchi Mishra as…

14 hours ago

Army Chief Gen Dwivedi Flags Off Bharat RanBhoomi Darshan at National War Memorial

Chief of the Army Staff General Upendra Dwivedi flagged in the Bharat RanBhoomi Darshan Expedition…

14 hours ago

Exercise Kalari Leap Underscores India’s Coastal Defense Strength

The Southern Air Command of the Indian Air Force successfully conducted a high tempo joint…

14 hours ago