Madhulika Bhaskar gets an additional charge as NIACL CMD for three months

The New India Assurance Company Ltd (NIACL) has given additional charge as CMD to General Manager, Madhulika Bhaskar for a period of three months or till a regular appointment to the post is done, with immediate effect.

She has replaced Atul Sahai, whose tenure had ended on February 28, 2022, following his superannuation.

NIACL

• HQ: Mumbai
• Founders: Dorabji Tata
• Founded: 1919

It was nationalized in 1973. It is under the ownership of the Ministry of Finance.