StockWatch
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General Insurance
Board Meeting9 Oct 2026, 06:58 pm

GIC Re Board Approves Office Relocation & Appoints Chief Risk Officer

AI Summary

General Insurance Corporation of India's Board of Directors has granted in-principle approval for the temporary relocation of its office premises to facilitate necessary repairs and maintenance. Additionally, the Board approved the appointment of Mrs. Prerana Puthran as the new Chief Risk Officer (Key Managerial Person), succeeding Ms. Jayashri Balkrishna, effective October 9, 2026. Mrs. Puthran, currently a Deputy General Manager, has extensive experience in various departments including Enterprise Risk Management, Underwriting, and Investor Relations since joining GIC Re in 1992.

Key Highlights

  • Board approved temporary office relocation for repairs.
  • Mrs. Prerana Puthran appointed as Chief Risk Officer.
  • Appointment is effective from October 9, 2026.
  • Mrs. Puthran has significant experience in risk management.