The Appointments Committee of the Cabinet has appointed Siddhartha Mohanty as the managing director of India’s largest insurer Life Insurance Corporation (LIC) from February 1 onwards. He is currently CEO of LIC Housing Finance Limited. He will serve as the MD of LIC till his superannuation on June 30, 2023. He will be replacing TC Suseel Kumar, who is set to retire on January 31, 2021.
WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class
LIC has four MDs and one chairman. Currently, MR Kumar is serving as the chairman of the corporation and TC Suseel Kumar, Vipin Anand, Mukesh Kumar Gupta, and Raj Kumar are serving as the MDs of LIC.
Important takeaways for all competitive exams:
Silk, often hailed as the queen of textiles, holds a significant place in India's cultural…
World Tuna Day, observed annually on May 2nd, is dedicated to raising awareness about the…
The Ministry of Corporate Affairs (MCA) has granted its approval for the appointment of Hitesh…
India, renowned for its rich tapestry of natural landscapes and cultural heritage, is home to…
Paul Auster, the renowned American novelist and filmmaker, has passed away at the age of…
Renowned playback singer Uma Ramanan, who predominantly sang in Tamil, passed away at the age…