Life Insurance Corporation of India (LIC) on Monday stated the federal government has appointed R Doraiswamy as the managing director. Doraiswamy is presently govt director on the central workplace in Mumbai.
He has been appointed as managing director of LIC instead of Ipe Mini with impact from the date of assumption of cost of workplace on or after September 1, 2023 and as much as the date of his superannuation August 31, 2026, or till additional orders, whichever is earlier, a regulatory submitting stated.
The Financial Services Institutions Bureau (FSIB), the headhunter for administrators of state-owned banks and monetary establishments, in June had really helpful the identify of Doraiswamy as MD. The FSIB is headed by Bhanu Pratap Sharma, former secretary, Department of Personnel and Training (DoPT).
Other members of the headhunter are the secretary, Department of Financial Services, secretary, Department of Public Enterprises, IRDAI Chairman Debasish Panda, former LIC managing director Usha Sangwan and former Oriental Insurance managing director A V Girija Kumar.
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