The officials, who are appearing for the interview to be held on Tuesday afternoon are- N Ramaswamy, general manager, GIC Re, Rashmi Raman Singh, director OIC, M Rajeswari Singh, director, United India Insurance, BS Rahul, general manger, Agriculture Insurance Company, Rashmi Bajpai,GM,OIC

RR Singh likely to be selected

New Delhi:

Today, the Financial Services Institution Bureau (FSIB), the government’s head hunting agency for the top posts of state owned bank and insurers, will be interviewing five  shortlisted senior officials of different PSU general insurance companies and GIC Re to select a CMD of Delhi based Oriental Insurance Company(OIC).

The officials who are appearing for the interview to be held on Tuesday afternoon are- N Ramaswamy, general manager, GIC Re, Rashmi Raman Singh, director and general manager(GMD) OIC, M Rajeswari Singh,GMD, United India Insurance, BS Rahul, general manger, Agriculture Insurance Company, Rashmi Bajpai,GM,OIC.

Goverment sources point out that it is highly likely that RR Singh will be chosen for the post. Singh will be retiring in Feb 2025.

OIC’s top post will be falling vacant from Feb 1 after Anjan Dey,who had already put in his papers a few days back by opting for voluntary retirement scheme(VRS), retires on Jan 31 after serving his three month notice period.

Dey had tenure till November 2023.

After FSIB selects the candidate, it will be sent to the department of financial services (DFS) which will start obtaining vigilance clearance or reports regarding ongoing/contemplated inquiry or investigation or proceeding, if any, against the recommended person from various bodies like Central Vigilance Commission(CVC) before seeking approval of Appoint Committee of Cabinet(ACC).

FSIB, constituted under Bhanu Pratap Sharma, former secretary, Department of Personnel and Training (DoPT) has three insurance experts, Girija Kumar, former CMD of OIC, Sujay Banarji, former member of IRDAI and Usha Sangwan, former MD of Life Insurance Corporation(LIC).

Along with these three experts, the panel will have Debasish Panda, chairman, IRDAI and Vivek Joshi, secretary, Department of Financial services(DFS).