General Insurance Corporation of India announced that the Board of Directors in its meeting held on 15 April, 2024 have considered and approved the appointment of Shri V. Balkrishna, General Manager as Chief Financial Officer & Key Managerial Personnel of the Corporation in place of Smt. Jayashree Ranade, General Manager, CFO & KMP of the Corporation, who will be retiring from the service on 30th April 2024. The appointment shall be effective from 1st May 2024 i.e. date of taking charge of the office of CFO & KMP by Shri V. Balkrishna.

His terms of appointment have been recommended by Audit Committee & Nomination and Remuneration Committee (NRC) and approved by the Board of Directors. Shri V. Balkrishna is a Cost and Management Accountant, with a Certificate of Merit, from the Institute of Cost Accountants of India. He is a post graduate in law with additional qualifications of FIII and ACIII, London.

He also holds degrees of ACMA, MIPA and ACSI. He has been with the Corporation for the past 35 years and has worked in various sections of reinsurance and finance.