InFocusInsuranceNews

LIC Chairman’s Tenure Extended for Two Years

Sharing is caring!

The Central Government extended Life Insurance Corporation of India (LIC) Chairman M.R. Kumar’s term till March 13, 2022.

He was set to retire on June 30, 2021.

According to the order, Kumar’s term is extended till 13.3.2022, the date on which he completes three years as LIC Chairman or until further orders, whichever is earlier.

Kumar’s tenure extension comes in the wake of the central government deciding to dilute some portion of its holding in the LIC.

According to a source, lot of work with respect to LIC stake dilution is taking place including actuarial work.

SMEStreet Edit Desk

SMEStreet Edit Desk is a small group of excited and motivated journalists and editors who are committed to building MSME ecosystem through valuable information and knowledge spread.

Related Articles

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
%d bloggers like this: