LIC, United India Insurance, Oriental Insurance and Agriculture Insurance Co are without fulltime heads for months
GN Bureau | December 6, 2016
After a long wait, the finance ministry has completed the interview process to select two managing directors of LIC and the heads of three general insurance companies, United India Insurance, Oriental Insurance and Agriculture Insurance Company, the Indian Express reported Tuesday.
These four public sector insurers have been without a fulltime chairman for several months. The ministry had carried out interviews for the two MD posts before declaring the results of the interviews for selecting the chairman and one MD of LIC conducted earlier.
The ministry had conducted a similar exercise for the posts of chairman and MD of LIC, but the outcome is still awaited.
In September, LIC MD VK Sharma, the top contender for the chairman’s post, was given additional charge as chairman, when SK Roy was relieved of his duties. Roy resigned in June, nearly two years ahead of his retirement.
Governance Now on Thursday bagged the REACH Media Awards for 2017-2018 for best reporting (English category) on tuberculosis (TB) at an event co-hosted by REACH, USAID and Lilly Global Health in partnership with the Lancet Commission on Tuberculosis. Our cover story
N Chandrababu Naidu-led Telugu Desam Party (TDP) on Friday parted ways from the BJP-led National Democratic Alliance (NDA) at the centre. The official quitting of the alliance was preceded by the pulling out of two ministers out of the Narendra Modi government, a week ago. The
What is Narendra Modi’s biggest electoral success during the current term as prime minister? At first blush, most would say the Uttar Pradesh victory. That would be looking at the obvious (UP is the heart of the Hindi heartland) and at mere numbers (it has the maximum Lok Sabha seats). Yes, it was a
The killing of a seven-year-old boy at Ryan International School, Gurgaon, suddenly brought focus on violence by students in school. It was a gruesome case indeed: On September 8 last year, Barun Chandra Thakur dropped his children, including seven-year-old Pradyuman, at school around 8 am. By the time he
Like our jails, our correction centres for juvenile offenders are hardly conducive to bringing about positive change. No one will dispute the fact that an underaged criminal, especially if he or she is a first-timer, needs to be given a chance to reform, however heinous the crime. Unfortunately, society&rs
Finland has emerged as the world’s happiest country, as per the World Happiness Report 2018. The report has ranked 156 countries by their happiness levels, and 117 countries by the happiness of their immigrants. This year, the main focus of the report is on migration within and between countries.