GIC Re appoints Hitesh Joshi as Chairman-cum-Managing Director
GICRE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Central Government has approved the appointment of Shri Hitesh Rameshchandra Joshi as Chairman-cum-Managing Director of GIC Re, effective June 16, 2026. Joshi, who was previously Executive Director at GIC Re, is a post-graduate in Accountancy from Mumbai University and holds a master's in financial management from JBIMS. He is also a Fellow of the Insurance Institute of India and has experience across reinsurance, finance, risk management, and investor relations. His tenure runs until September 30, 2028 (superannuation) or further orders.
Internal promotion ensures leadership continuity; no governance red flags — positive for stability.