C S Rao chosen IRDA chairman
By Our Banking Bureau | 28 May 2003
New Delhi: Revenue secretary C S Rao has been appointed as the next chairman of the Insurance Regulatory and Development Authority (IRDA).
Rao
will take over from the present chairman, N Rangachary,
on 10 June 2003. Rangachary's seven-year stint at IRDA
comes to an end on 9 June.
Rao,
who was due to retire from service on 31 May 2003, will
hold office at IRDA for a five-year stint till the attainment
of 65 years of age.