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:
The Uttarakhand Tourism Development Board has teamed up with Starscapes, an astro-tourism company, to introduce…
In a gesture of solidarity and recognition, Palestinian journalists covering the crisis in Gaza have…
Retired Justice Sanjaya Kumar Mishra has been appointed as the President of the Goods &…
Atanu Chakraborty's re-appointment as part-time Chairman of HDFC Bank for three years, effective from May…
American Express is set to inaugurate its expansive new campus in Gurugram, spanning nearly one…
In the latest edition of the World Press Freedom Index published annually by Reporters Without…