LIC New Chairman: FSIB has finalized the name of Siddharth Mohanty for the post of Chairman of LIC. According to the guidelines, the chairman of LIC has been selected from among the four managing directors.
LIC Chairman: The Financial Services Institutions Bureau (FSIB), which searches for directors of public sector banks and financial institutions, has found the new chairman of Life Insurance Corporation of India (LIC). FSIB has finalized the name of Siddharth Mohanty for the post of Chairman of LIC. According to the guidelines, the chairman of LIC has been selected from among the four managing directors.
The interview took place on March 23.
A statement from the bureau said that after interviewing the four candidates on March 23, on the basis of their performance, FSIB has selected Siddharth Mohanty for the post of Chairman for LIC. Chosen. Siddharth is currently the Managing Director and Acting Chairman of LIC. The term of LIC Chairman MR Kumar has been completed on March 13, 2023.
Will give services till the age of 62 years,
the final decision on the recommendation of FSIB will be taken by the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi. Mohanty would have retired on June 30, 2023 if the FSIB had not chosen him for the post of LIC chairman. Now as LIC chairman, he will be able to serve till the age of 62 years.
Siddharth is the MD of LIC for two years
On February 1, 2021, Siddharth Mohanty was made the MD of LIC. He replaced TC Sushil Kumar, who is set to retire on January 31, 2021.
