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GIC Re Gets New Chief Vigilance Officer on Additional Charge Basis

Story Highlights
  • GIC Re has appointed Uday Laxmandas Devi as Chief Vigilance Officer on additional charge effective 29 December 2025.
  • The seasoned risk and banking professional will oversee vigilance at GIC Re for up to three months, strengthening compliance oversight.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GIC Re Gets New Chief Vigilance Officer on Additional Charge Basis

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The latest update is out from General Insurance Corporation of India ( (IN:GICRE) ).

General Insurance Corporation of India has announced a change in senior management, with the Ministry of Finance assigning additional charge of Chief Vigilance Officer to Uday Laxmandas Devi, currently CVO of Oriental Insurance Corporation Limited, effective 29 December 2025. Devi, a seasoned professional with over 32 years’ experience in banking, risk management, corporate credit and treasury, and qualifications including B.Com (Hons), CMA and CAIIB, will hold this role at GIC Re for up to three months or until further orders, reinforcing the corporation’s vigilance and compliance oversight in line with SEBI disclosure requirements.

More about General Insurance Corporation of India

General Insurance Corporation of India (GIC Re) is India’s national reinsurer, operating in the insurance and reinsurance industry with a focus on providing reinsurance support to domestic and international insurers across multiple lines of business. The corporation plays a key role in the Indian insurance ecosystem, supporting risk management and capital protection for insurance companies and contributing to the stability and depth of the broader financial sector.

Average Trading Volume: 24,504

Technical Sentiment Signal: Hold

Current Market Cap: 667.7B INR

See more data about GICRE stock on TipRanks’ Stock Analysis page.

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