Shri Rajay Kumar Sinha has assumed charge as Member (Finance & Investment) in Insurance Regulatory and Development Authority of India (IRDAI) on 24th January, 2024. 

Shri Rajay Kumar Sinha has 33 years of experience in Banking and Finance Industry.  He had joined State Bank of India in the cadre of Probationary Officer in 1991.

Prior to joining IRDAI, Shri R. K. Sinha was serving as Managing Director and CEO at SBI Capital Markets Limited (Investment Banking arm of SBI). He was Deputy Managing Director at State Bank of India, Corporate Centre, Mumbai. Shri Sinha handled Treasury operations of SBI consisting of Investment portfolio, Money Market, Equity, Private Equity & Forex operations of the Bank. Shri Sinha has also managed the Financial Institution Relationship, Treasury Operations and ALM of SBI’s overseas operations.

His hobbies include reading and listening to music.