GIC-Re Appoints Uday Laxmandas Devi as Additional CVO
General Insurance Corporation of India (GIC-Re) announced that the Ministry of Finance, Department of Financial Services, has assigned Shri Uday Laxmandas Devi, CVO of Oriental Insurance Corporation L...
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General Insurance Corporation of India (GICRE) is in the news due to the announcement is a routine disclosure regarding a change in senior management and does not contain any positive or negative financial implications for the company.
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GIC-Re Appoints Uday Laxmandas Devi as Additional CVO
January 2, 2026, 06:03 PM
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General Insurance Corporation of India (GIC-Re) announced that the Ministry of Finance, Department of Financial Services, has assigned Shri Uday Laxmandas Devi, CVO of Oriental Insurance Corporation Limited, the additional charge of Chief Vigilance Officer (CVO) for GIC-Re.
This additional charge is effective from December 29, 2025, and will continue until the Central Vigilance Commission (CVC) conveys its decision on the transfer request of the CVO of Oriental Insurance Corporation Limited, or for a period of three months, or until further orders, whichever is earliest.
Shri Uday Laxmandas Devi holds a Bachelor of Commerce (Honours) degree and is a CMA from the Institute of Cost Accountant of India and CAIIB from the Indian Institute of Banking and Finance (IIBF). He brings over 32 years of experience in Banking, Risk Management, Corporate Credit, and Treasury. He currently serves as the CVO at Oriental Insurance Corporation Limited.
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