General Insurance Corporation of India announced that the Board of Directors in its meeting held on have considered and approved the appointment of Shri Suresh Savaliya (Membership Number: ACS A15545) as Company Secretary, Compliance Officer & Key Managerial Personnel of the Corporation in place of Shri Satheesh Kumar, Deputy General Manager, Company Secretary, Compliance Officer & Key Managerial Personnel of the Corporation. The appointment shall be effective from the date of taking charge of the office of Company Secretary, Compliance Officer & Key Managerial Personnel by Shri Suresh Savaliya. Mr. Suresh is a Company Secretary and a member of ICSI.

He is a law graduate (LLB) and Master of Laws (LLM) from Gujrat University. He has done MBA in corporate finance from National Institute of Business Management. He is also a Diploma holder in Cyber Laws from Asian School of Law.

He has achieved the prestigious ICSI Award of "The Governance Professional of the Year" in 2021. Suresh has over 21 years of versatile experience in the field of inter alia corporate laws, SEBI Laws, statutory compliance, merger and acquisition, regulatory affairs, legal matters, litigations, FEMA, RBI, IPO, QIP, ESOS, FDI, ECB, right issue, bonus issue, private placement of securities, open offer, domestic and overseas listing of securities, IPR and watch over overseas subsidiaries and foreign laws. During his career, he has worked with various corporates including EPL, Reliance Industries, Kalpataru Group, Nitco and Jindal Group.

Mr. Ashwani Kumar Arora has more than 15 years of varied experience in the field of Actuarial Science and has handled various job responsibilities as Reserving and Reporting, Motor, Health, PA and Travel Products Pricing, Product Development and filling with IRDAI, regular portfolio monitoring of Retail health and Motor OD frequency severity, IFRS 17 GAP Assessment and Solvency Margin calculation. He is a Fellow member of Institute of Actuaries of India and also a Fellow member of Institute of Actuaries, UK.