Getting ready for a public listing, Life Insurance Corporation (LIC), with over Rs 38 trillion assets, has roped in Sunil Agrawal as its chief financial officer (CFO). Agrawal earlier had worked with Reliance Nippon Life Insurance in the same post for over 12 years.
The post of LIC’s CFO would be a contractual, with a three-year term or till the person concerned reaches the age of 63 with a remuneration of Rs 75 lakh per annum.