Tata Investment Appoints Alice G. Vaidyan As ID, Amit Dalal Elevated As MD

The Board of Directors of Tata Investment Corporation Limited has approved the appointment of Alice G. Vaidyan as an Additional Director and Non-Executive Independent Director for five years with effect from November 1, 2024.

The Board approved the elevation of Amit N. Dalal, Executive Director, to Managing Director (MD), which will be effective from January 1, 2025.

Alice G. Vaidyan is a former Chairman and Managing Director (CMD) of General Insurance Corporation of India and has over 40 years of experience. She joined The New India Assurance Company in 1983 as a Direct Recruit Officer and rose to the level of CMD, GIC, in January 2016, the first lady to occupy this position, thereby also becoming the first lady CMD in the Indian insurance industry. Presently she is on the Boards of Air India, Air India Express, Tata AIA Life Insurance Company, Tata AIG General Insurance Company, Tejas Networks, and Geojit Financial Services Ltd., among other companies. She holds a postgraduate degree in English literature and has received leadership training at Harvard Business School. She is a fellow of the Insurance Institute of India.