FSIB Recommends Hitesh Rameshchandra Joshi as CMD of GIC ReIn February 2026, the Financial Services Institutions Bureau (FSIB) recommended Hitesh Rameshchandra Joshi for the position of Chairman-cum-Managing Director (CMD) of the General Insurance Corporation of India (GIC Re).
- The final appointment will be confirmed by the Appointments Committee of the Cabinet (ACC), headed by the Prime Minister (PM) Narendra Modi.
About Hitesh Rameshchandra Joshi:
Profile: He is a Fellow of the Insurance Institute of India and possesses several decades of extensive experience within the corporation, having handled diverse operational and strategic functions.
Current Position: He is serving as Executive Director (ED) of GIC Re since 9 July 2024 and has held additional charge as Chairman and Managing Director (CMD) since 1 October 2025 following the superannuation of Ramaswamy Narayanan.
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