The government has constituted a seven-member panel to select managing directors of public sector insurance companies. The panel would be headed by Banks Board Bureau (BBB) chairman B P Sharma.
The other members of the panel are Financial Services Secretary, Department of Public Enterprises Secretary and Chairman of Insurance Regulatory and Development Authority of India. Besides, three insurance sector experts G N Bajpai, Mathew Varghese and T Bhargava — have been appointed on the selection panel.
Source- The Economic Times