HDFC Life: IRDAI Approves Re-appointment of MD & CEO and CFO

HDFC Life Insurance Company Ltd has received approval from the Insurance Regulatory and Development Authority of India (IRDAI) for the re-appointment of its key management personnel. Ms. Vibha Padalkar has been re-appointed as Managing Director & Chief Executive Officer for a further term of 5 years, effective September 12, 2026. Mr. Niraj Shah has been re-appointed as Executive Director & Chief Financial Officer for a further term of 5 years, effective April 26, 2026. These re-appointments were recommended by the Nomination & Remuneration Committee and approved by the Board of Directors, with shareholders also giving their assent at the Annual General Meeting held on July 16, 2026.