GICRE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
General Insurance Corporation of India (GIC Re) disclosed a change in its Chief Financial Officer. Mr V. Balkrishna, General Manager and CFO (Key Managerial Person), resigned effective 15th May 2026, citing retirement under the corporation's Voluntary Retirement Scheme. The Board simultaneously appointed Mr Rajesh Laheri, currently Deputy General Manager, as the new CFO and Key Managerial Person. Mr Laheri is a seasoned professional with over 27 years of service at GIC Re, holding qualifications from ICAI, ICSI, and ICWAI, with experience spanning finance, IT, accounts, and taxation across GIC Re's Mumbai and London operations. The exact date of charge-taking by the new CFO will be intimated separately. The board meeting lasted from 5:15 PM to 6:17 PM IST on 15th May 2026.
The CFO transition appears routine and driven by voluntary retirement, reducing uncertainty. Mr Laheri's extensive internal experience may provide continuity. However, until the charge-taking date is confirmed, investors may monitor for any interim CFO arrangements.