New Delhi, July 24 -- The government on Thursday appointed former finance and economic affairs secretary Ajay Seth as chairperson of the Insurance Regulatory and Development Authority of India (Irdai).

With Seth's appointment, the country's three apex financial sector regulators-the Reserve Bank of India (RBI), Securities and Exchange Board of India (Sebi), and Irdai-now have top finance ministry officials as their heads.

The government in December had appointed the then revenue secretary Sanjay Malhotra as the governor of RBI and later in February announced finance and revenue secretary Tuhin Kanta Pandey as the new chairman of Sebi.

"The Appointments Committee of the Cabinet (ACC) has approved the appointment of Ajay Seth, IAS (KN: 1...