Home India Ministry of Finance In exercise of the powers conferred by clause b ii of sub se...
Date: 2020-03-11 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by clause b ii of sub section 2 of section 12 of the Actuaries Act 2006 35 of 2006

Issued by Ministry of Finance · Department of Financial Services

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Executive Summary & Key Takeaways

**Summary:** This notification, S.O. 1033(E), issued by the Ministry of Finance, Department of Financial Services, on March 11, 2020, announces the nomination of Shri. K Ganesh, Member (Whole-Time Member life), Insurance Regulatory and Development Authority (IRDA), as a member of the Council of the Institute of Actuaries of India. This nomination is in accordance with the powers conferred by clause (b)(ii) of subsection (2) of section 12 of the Actuaries Act, 2006 (35 of 2006). Shri. K Ganesh replaces Smt. Pournima Gupte, ex-Whole-Time Member, Actuary, Insurance Regulatory and Development Authority of India. The nomination is effective until further orders. The notification was issued under F. No. M18013012011-Ins.I and signed by Lalit Kumar, Economic Advisor.

Key Entities Referenced

Actuaries Act, 2006: An Indian law, specifically Act No. 35 of 2006, that governs the regulation of the actuarial profession. Ministry of Finance: A department of the Government of India responsible for financial matters. Department of Financial Services: A department within the Ministry of Finance, Government of India. K Ganesh: Member (Whole-Time Member - Life) nominated to the Council of the Institute of Actuaries of India. Pournima Gupte: Former Whole-Time Member, Actuary, Insurance Regulatory and Development Authority of India. Insurance Regulatory and Development Authority of India: An Indian regulatory body that oversees and regulates the insurance industry. Council of the Institute of Actuaries of India: The governing body of the Institute of Actuaries of India. LALIT KUMAR: Economic Advisor, Ministry of Finance.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. NO. D. L.-33004/99 xxxGIDHxxx सी.जी.-डी.एल.-अ.-12032020-218616 xxxGIDExxx CG-DL-E-12032020-218616 असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 928] नई दिल्ली, बुधिार, माच च11, 2020/फाल्ग नु 21, 1941 No. 928] NEW DELHI, WEDNESDAY, MARCH 11, 2020/PHALGUNA 21, 1941 जित्त मत्रं ालय (जित्तीय सेिाएं जिभाग) अजधसचू ना नई दिल्ली, 11 माचच, 2020 का.आ. 1033(अ).—बीमांकक अजधजनयम, 2006 (2006 का 35) की धारा 12 की उप-धारा (2) के खण्ड (ख)(ii) द्वारा प्रित्त िजियों का प्रयोग करते हुए, केन्द्रीय सरकार,एतिद्वारा, श्रीमती पूर्णचमा गुप्ता, भारतीय बीमा जिजनयामक और जिकास प्राजधकरण के भूतपूिच पूणचकाजलक सिस्ट्य (बीमांदककी) के स्ट्थान पर श्री के. गणेि, भारतीय बीमा जिजनयामक और जिकास प्राजधकरण के पूणचकाजलक सिस्ट्य को अगले आििे ों तक भारतीय बीमांकक संस्ट्थान पररषि के सिस्ट्य के रूप में नाजमत करती है। [फा. सं. एम.18013/01/2011-बीमा-I] लजलत कुमार, आर्थचक सलाहकार MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 11th March, 2020 S.O. 1033(E).—In exercise of the powers conferred by clause (b)(ii) of sub-section (2) of section 12 of the Actuaries Act, 2006 (35 of 2006), the Central Government hereby nominates Shri. K Ganesh, Member Whole-Time-Member (life), Insurance Regulatory and Development Authority vice Smt. Pournima Gupte, ex-Whole-Time-Member, (Actuary), Insurance Regulatory and Development Authority of India as a member of the Council of the Institute of Actuaries of India, till further orders. [F. No. M-18013/01/2011-Ins.I] LALIT KUMAR, Economic Advisor Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054. 1361 GI/2020

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