In his current role as Executive Director, Joshi oversees multiple areas such as International Business Operations, Human Resources, Information Technology, Office Services, Business Intelligence and Actuarial functions. (Image used for representative purposes)
Hitesh Ramesh Chandra Joshi has been entrusted with the financial and administrative powers and functions of the Chairman-cum-Managing Director (CMD) of GIC Re by the Department of Financial Services for a further period of three months with effect from January 1, 2026.
Joshi, who is currently Executive Director with the state-owned reinsurer, has been exercising the financial and administrative powers and functions of CMD of GIC Re since October 1, 2025, after Ramaswamy Narayanan superannuated on September 30, 2025.
As per DFS’ communication to the Corporation, the Competent Authority has approved extension of tenure of powers, with effect from January 01, 2026, to Joshi, ED, GIC Re, for a further period of three months or until a regular CMD is appointed, or until further order, whichever is earliest.
In his current role as Executive Director, Joshi oversees multiple areas such as International Business Operations, Human Resources, Information Technology, Office Services, Business Intelligence and Actuarial functions.
Published on January 7, 2026
