Alice G Vaidyan

Ms. Vaidyan is the first lady officer to assume the post of Chairman-cum-Managing Director of General Insurance Corporation Of India and the first lady chairman-cum-managing director in the Indian General Insurance Industry. She has over 36 years of experience and is considered among the foremost insurance experts not only in the Indian insurance and reinsurance industry, but also across the globe.

She joined The New India Assurance Company aa a direct recruit office and rose to the level of Deputy General Manager in 2008. She then moved to GIC to become General Manager in 2012 and CMD in January 2016.

During her tenure at the helm of GIC Re , the company became the 10th largest reinsurer globally and was recognised by Forbes as among the 250 best regarded global companies, growth champions and best employers. She also led the largest IPO in the financial sector in India during the successful listing of GIC Re in 2017.

She has won several national and international awards. Ms. Vaidyan is the only Indian in Fortune’s Global list (2018) of 50 Most Powerful Women in Business. Freedom (or Freedom Honoris Causa) of the City of London is the greatest honour that is in the power of the City of London to bestow. In April 2019, Mrs Vaidyan was honoured with the Freedom of City of London in recognition of her work to promote insurance ties between India and UK. She won the CEO of The Year award by ET Prime at the Economic Times Prime Women Leadership Awards for 2019. Business Today recognized her as one of the 30 most powerful women in Indian business in 2016, 2017 and 2018. FORTUNE India announced Ms. Alice G Vaidyan, as the 4th most powerful woman in Business in 2018 on "Most Powerful Women in Business”. ASSOCHAM presented Mrs Vaidyan, the Leadership Excellence Award in February 2019.

Ms. Vaidyan was on the Boards of Life Insurance Corporation of India, ECGC Limited, Kenindia Assurance Co. Ltd., Indian Register of Shipping, GIC Housing Finance Ltd., GIC Re South Africa , GIC Re Lloyds Syndicate 1947, Asian Reinsurance Corporation, Bangkok International Insurance Society New York and National Insurance Academy.

Ms. Vaidyan holds a post graduate degree in English Literature and has trained at Harvard Business School. She is a fellow of the Insurance Institute of India. She is an avid reader and plays the piano in her spare time.