General Insurance Corporation of India - Cessation

3 Jun 2022 , 12:00 AM

General Insurance Corporation of India has informed the Exchange about cessation of A Manimekhalai as Independent Director of the company w.e.f. 03-Jun-2022.The Ministry of Finance vide letter no. F. No. A-11011/1/2015-Ins II dated 12th March 2020 had appointed Ms. A. Manimekhalai, ED Canara Bank as Director on the Board of the Corporation, with immediate effect, for a period of three years or till the date of her tenure as ED, Canara Bank or till the date of her superannuation or until further orders, whichever is earliest.We would like to inform that Ms. A. Manimekhalai ceased to be director on the Board of the Corporation pursuant to her cessation as Executive Director in Canara Bank and assumption of office as MD & CEO in Union Bank w.e.f. 3rd June 2022.