GIC Re appoints Divesh Sehara as Government Nominee Director on Board, replacing Manoj Muttathil Ayyappan

In a governance move that underscores ongoing government involvement in India’s state-backed insurer-cooler, General Insurance Corporation of India (GIC Re) has announced the appointment of Divesh Sehara as Director (Government Nominee) on its Board, effective immediately and until further notice. He will take over the seat previously held by Manoj Muttathil Ayyappan, marking a routine refresh of the government’s representation on the board of India’s reinsurer.