Out of 16 vacancies of general mangers across five companies including GIC Re, 11 have been cornered by women candidates
New Delhi:
The public sector general insurance companies, for the first time, have seen a few senior women officers (deputy general managers) outshining their large male counterparts to be promoted as general mangers(GMs) for filling up vacancies in fy 2023-24.
Out of 16 vacancies of general mangers across five companies including GIC Re, 11 have been cornered by women candidates.
All the four posts of GMs in New India Assurance, which is headed by Neerja Kapur, have gone to women candidates. Similarly, two posts of National Insurance Company(NIC), headed by Suchita Gupta, has been bagged by only female officers.
In Delhi based OIC, four out of five posts have gone to lady DGMs. In GIC Re, one lady officer has been promoted as one of the GMs.
On Tuesday, GIPSA , the official coordinating body for the four PSU general insurers, NIA, Oriental Insurance Company(OIC), United India Insurance Company (UII)and NIA and GIC Re, had completed its annual exercise by interviewing 48 candidates for filling up 16 posts of GMs.
Such a large number of vacancies of GM posts had not happened in the PSU general insurance industry in the recent times. The government had to relax the eligible criteria to ensure that sufficient number of candidates are shortlisted for initial screening by Hyderabad based Administrative Staff College of India (ASCI ) and final interviews.
Apart from five CMDS, Sourav Misra, the outgoing joint secretary, department of financial services(DFS) , were in the panel to conduct the interviews.
As part of ongoing restructuring of PSU general insurance companies, the government last year had decided to limit the posts of GMs in each of the companies to six and increase the number of posts of DGMs in the industry, who will be heading the regional offices in the new three-tier organizations. Earlier, over 60 DGMs were appointed for manning the regional offices of four PSU general insurance companies to supervise hubs and operational offices.