PTC India Financial Services appoints Mini Ipe as independent director

PTC India Financial Services Limited (PFS) announced the appointment of Mini Ipe as an independent director, effective October 5, 2025. This decision was made at a board of directors meeting held on the same day, with the appointment for a three-year term, subject to shareholder approval. Ipe, not liable to retire by rotation, brings over 37 years of experience from the insurance sector.

Mini Ipe, 62, formerly an MD at Life Insurance Corporation of India, holds a master's degree in commerce. Her career includes various chief executive and board director roles, managing portfolios such as investment, claims, and finance. She was recognized as one of "India's top 100 women in finance" in 2000.

She currently serves on the boards of PTC India Limited, Axis Bank Limited, Avantel Limited, and Life Insurance Corporation (International) BSC (c). The company confirmed that she is not related to any other director or key managerial personnel of PTC India Financial Services.