Question
Download Solution PDFWho has taken charge as the Managing Director (MD) of Life Insurance Corporation (LIC) in October 2021?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is B C Patnaik.
Key Points
- B C Patnaik has taken charge as the Managing Director (MD) of Life Insurance Corporation (LIC).
- He was appointed as Managing Director via a government notification dated July 5, 2021.
- Prior to taking charge as MD of LIC, Patnaik was the Secretary-General, Council for Insurance Ombudsman, (CIO) Mumbai.
- Currently, LIC has a Chairman and four Managing Directors.
- Chairperson: M R Kumar
- Managing Director: Mukesh Kumar Gupta, Raj Kumar, Siddhartha Mohanty, Ipe Mini
Additional Information
- About LIC:
- Life Insurance Corporation of India is an Indian statutory insurance and investment corporation.
- It is under the ownership of Ministry of Finance, Government of India.
- It is headquartered in Mumbai.
- It was founded on 1 September 1956.
Last updated on Jul 4, 2025
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