The government has appointed former senior secretary M Aslam Alam as the new chairman of the Insurance Development and Regulatory Authority (IDRA).
The Ministry of Finance issued a circular in this regard on Monday.
Aslam has been appointed on a contractual basis for a three-year term or until he turns 68 years old.
The post of IDRA’s Chairman became vacant following Mohammad Jainul Bari`s resignation as chairman of the insurance regulator on September 5.
Bari was made chairman of the insurance regulator in June of 2022 for a three-year term. M Aslam Alam is the 10th chairman of the IDRA.
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