Top Executives from SBI vie for key finance role at IRDAI as govt prepares for interviews
The government will soon hold interviews for the post of member finance in the Insurance Regulatory and Development Authority of India, or IRDAI. Two key executives from the country’s largest bank, the State Bank of India, are said to be frontrunners for the post, according to people aware of the developments.
PC Kandpal, one of the front runners, is currently deputy managing director (Retail-Personal Banking & Real Estate) at the State Bank of India. He was earlier the managing director and chief executive officer of SBI General Insurance. The other candidate in the fray is Rajay Kumar Sinha, who at present is the MD and CEO of SBI Capital Markets Limited (SBICAPS).