GoI appoints Siddhartha Mohanty as interim chairman of LIC

GoI appoints Siddhartha Mohanty as interim chairman of LIC: For a period of three months beginning March 14, the Center has chosen Siddhartha Mohanty as the interim chairman of the Life Insurance Company of India (LIC). Mohanty, who is currently the managing director and CEO of LIC Housing Finance, will take over as managing director and CEO of the Life Insurance Corporation (LIC) on February 1st, 2021. Up to his retirement on June 30, 2023, Siddhartha Mohanty was proposed to lead LIC as its MD. Bishnu Charan Patnaik, Ipe Mini, Siddhartha Mohanty, and Raj Kumar are the current LIC MDs, and Shri Mangalam Ramasubramanian Kumar is the company’s chairman.

March 2023 Current Affairs Quiz

Mohanty currently serves as the CEO and MD of LIC Housing Finance. Beginning on February 1st, 2021, he will serve as the MD of Life Insurance Corporation (LIC). Siddhartha Mohanty was proposed to take over as LIC’s MD until his superannuation on June 30 in place of TC Suseel Kumar, who was set to retire on January 31, 2021.