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GIC Re Announces Senior Management Change as Chief Vigilance Officer’s Deputation Ends

Story Highlights
  • GIC Re’s Chief Vigilance Officer S. Alagarswamy exited senior management after his deputation ended.
  • The management change aligns with SEBI disclosure norms, marking a governance transition at GIC Re.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GIC Re Announces Senior Management Change as Chief Vigilance Officer’s Deputation Ends

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General Insurance Corporation of India ( (IN:GICRE) ) just unveiled an announcement.

General Insurance Corporation of India has announced a change in its senior management, with Chief Vigilance Officer S. Alagarswamy ceasing to be part of the corporation’s senior management upon completion of his deputation period, effective after the close of business on 27 December 2025. The disclosure, made in line with SEBI’s Listing Regulations and the latest SEBI Master Circular, signals a governance-related transition in GIC Re’s oversight structure, which may prompt the appointment or designation of a new vigilance leadership role to maintain compliance and internal control standards expected of a listed public sector financial institution.

More about General Insurance Corporation of India

General Insurance Corporation of India (GIC Re) is a state-owned reinsurer operating in the insurance and reinsurance industry, providing reinsurance solutions to domestic and international insurers and playing a key role in supporting India’s insurance market and risk management ecosystem.

Average Trading Volume: 23,931

Technical Sentiment Signal: Hold

Current Market Cap: 653.5B INR

See more insights into GICRE stock on TipRanks’ Stock Analysis page.

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