Government Appoints Hitesh Joshi Chairman and Managing Director of GIC Re

The government has appointed Hitesh Joshi as chairman of GIC Re. He will also serve as the managing director of the organization. The appointment was reported by Business Standard. GIC Re is a reinsurance company operating under government oversight. Joshi brings experience from previous leadership roles in the sector. The decision aims to strengthen the company's strategic direction. Stakeholders anticipate improved governance under his leadership. The appointment takes effect immediately following the announcement.