Government Approves Voluntary Retirement of Managing Director Dinesh Pant

The Government of India has approved the voluntary retirement of Shri Dinesh Pant, Managing Director and KMP, effective September 24, 2026 (after close of day).

Fri 25 Sep 2026

Executive

Shri Dinesh Pant, Managing Director and KMP

Effective Date

September 24, 2026 (after close of day)

Action

Voluntary retirement approved by Government of India

Committee Changes

Ceases as Chairperson of IT Strategy Committee and member of Executive and Investment Committees

Next Appointment

Whole Time Member (Actuary) at IRDAI for five years

What happened

The Government of India, through a notification dated September 24, 2026, approved the voluntary retirement of Shri Dinesh Pant, Managing Director and Key Managerial Personnel of the Corporation.

He has been relieved from the services of the Corporation and ceased to be Managing Director and KMP with effect from September 24, 2026, after close of the day.

Committee roles

• Ceases to be Chairperson of the Information Technology Strategy Committee.
• Ceases to be a member of the Executive Committee.
• Ceases to be a member of the Investment Committee.

Background

An earlier intimation dated June 16, 2026 had informed that the Department of Financial Services, Ministry of Finance, appointed Shri Dinesh Pant as Whole Time Member (Actuary) at the Insurance Regulatory and Development Authority of India for a period of five years from assumption of charge, or till attaining the age of 65 years, or until further orders, whichever is earliest.

How to read it

This is a senior management change disclosed under Regulation 30. The Corporation has more than one Managing Director in its structure; this update relates to the cessation of one of them following government approval of his voluntary retirement.

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