Govt appoints Hemant Bhargava interim chairman of LIC

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Govt appoints Hemant Bhargava interim chairman of LIC

The government appointed Life Insurance Corporation’s (LIC) senior-most Managing Director Hemant Bhargava as the insurer’s interim chairman, in place of V K Sharma who retired on December 31.

Meanwhile, the government has already initiated process to select regular chairman and managing director of LIC.

Bhargava was appointed as the managing director (MD) of LIC in February 2017, the insurer said in a statement. Apart from Bhargava, there are two more MDs of LIC currently.

He was instrumental in completing the design and setting up a separate microinsurance vertical which was LIC’s first comprehensive enterprise-wide initiative in financial inclusion space.

Images are for reference only.Images gathered automatic from google.All rights on the images are with their original owners.

2019-01-04 02:35:31

Images are for reference only.Images gathered automatic from google.All rights on the images are with their original owners.

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