The government’s head hunting agency for PSU banks and insurers had interviewed seven candidates to select two managing directors of the corporation
New Delhi:
The Financial Services Institutions Bureau (FSIB) has chosen Sat Pal Bhanoo and R. Doraiswamy as new managing directors of Life Insurance Corporation.
The government’s head hunting agency for PSU banks and insurers had interviewed seven candidates to select two managing directors of the corporation.
After the approval of Appointments Committee of Cabinet(ACC), Bhanoo will fill up the vacancy caused by the elevation of Siddarth Mohanty as the chairperson of the corporation.
Similarly, Doraiswamy will join in place of managing director Mini Ipe, who will be retiring in August end.
LIC currently has four managing directors.