For a period of three months beginning March 14, the Center has chosen Siddhartha Mohanty as the interim chairman of the Life Insurance Company of India (LIC). Currently the managing director and CEO of LIC Housing Finance, Mohanty will take over as MD of the Life Insurance Corporation (LIC) on February 1st, 2021. Up to his retirement on June 30, 2023, Siddhartha Mohanty was proposed to lead LIC as its MD. LIC’s current MDs are Bishnu Charan Patnaik, Ipe Mini, Siddhartha Mohanty, and Raj Kumar, while the company’s chairman is Shri Mangalam Ramasubramanian Kumar.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Mohanty currently serves as the CEO and MD of LIC Housing Finance. Beginning on February 1st, 2021, he will serve as the MD of Life Insurance Corporation (LIC). Siddhartha Mohanty was proposed to take over as MD of LIC until his superannuation on June 30 in place of TC Suseel Kumar, who was slated to retire on January 31, 2021.
Important takeaways for all competitive exams:
You may also read this:
Adda247, India’s leading platform for government exam preparation, has teamed up with Mangalayatan University, one…
Rafael Nadal, one of tennis's all-time greats, bid farewell to professional tennis at the 2024…
India is all set to host the inaugural Kho Kho World Cup from January 13…
In the July-September 2024 quarter, India's urban unemployment rate decreased to 6.4%, marking the lowest…
The Indian Army successfully conducted the "Sanyukt Vimochan 2024," a Multilateral Annual Joint Humanitarian Assistance…
The state of Uttar Pradesh, known for its rich history and culture, is home to…