Manoj Muttathil Ayyappan nominated as Director on GIC Board
Central Government in exercise of its powers, nominates Shri Manoj Muttathil Ayyappan (DIN: 10733238), Joint Secretary, Department of Financial Services as Director on the Board of the Corporation, with immediate effect 17th April 2025
The Finance Ministry under the Union Government has announced that Shri Manoj Muttathil Ayyappan has been nominated as Director on the Board of General Insurance Corporation of India. He will join in place of Dr M.P. Tangirala, former Additional Secretary, Department of Financial Services.
The company stated in an exchange filing that the Ministry of Finance vide Letter F. No. A-l l0l3/03/2024-lns.I dated 17th April 2025 has conveyed that the Central Government in exercise of its powers, hereby nominates Shri Manoj Muttathil Ayyappan (DIN: 10733238), Joint Secretary, Department of Financial Services as Director on the Board of the Corporation, with immediate effect (17th April 2025) and until further orders, vice Dr. M. P. Tangirala, former Additional Secretary, Department of Financial Services.
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Shri Manoj Muttathil Ayyappan holds a Master’s degree in Business Administration (MBA) and has done B.Sc. from Mahatma Gandhi University, Kottayam, Kerala.
Presently, he is posted as Joint Secretary in the Department of Financial Services (DFS), Ministry of Finance, Government of India, New Delhi.
Read Also : GST on UPI Over Rs 2,000? Government Denies False ClaimsShri Manoj Muttathil Ayyappan was appointed as Government of India Nominee Director in Bank of India from 05.08.2024. Earlier, he had worked as Business Head, MSME (SMART Business Segment) in Karur Vysya Bank.
He has also worked as Business Head (MSME) with Utkarsh Small Finance Bank. He has rich experience of over 25 Years in SME lending, Financial Analysis, Trade Finance, Risk Management, Stressed Account Management and Credit Operations. Prior to Utkarsh Small Finance Bank, he has worked with Axis Bank Ltd., as Circle Head-Commercial Banking. He also had stints with Accenture Management Consulting, Infosys BPO and Bank of Madura Limited.
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