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LIC to appoint managing directors soon

The state-run insurer has shortlisted Usha Sangwan as one of the managing directors

July 31, 2013 4:09 IST | India Infoline News Service
After a couple of years, Life Insurance Corporation of India (LIC) is set to appoint four managing directors (MDs) soon, according to a media report.

Finance ministry said two new MDs would be appointed in a month, the report added.
The state-run insurer has shortlisted Usha Sangwan as one of the managing directors. She is currently the executive director, communications of LIC.

According to norms, LIC can have four MDs, apart from chairman, as part of its top management.

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