Sat Pal Bhanoo appointed as Managing Director of LIC PSU Watch Archives
PSU Appointments

Sat Pal Bhanoo appointed as Managing Director of LIC

The Government has appointed Sat Pal Bhanoo as one of the Managing Directors of Life Insurance Corporation (LIC)

PSU Watch Bureau

New Delhi: The Government has appointed Sat Pal Bhanoo as one of the Managing Directors of Life Insurance Corporation (LIC). As per LIC's official website, there are three Managing Directors on the board of the company.

According to the company Bhanoo has been appointed as MD of LIC with effect from the date of taking over charge of the post till the date of his superannuation on December 31, 2025 or until further orders, whichever is earlier. This information has been shared by LIC in a regulotery finling to the stock exchanges on July 19.

Bhanoo has been appointed in place of Siddhartha Mohanty who has been appointed as Chairman of LIC in April. Presently, Bhanoo is serving as Additional Zonal Manager (In-Charge) of LIC of India (Zonal Office), Bhopal.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Also Read

National Green Hydrogen Mission drawing global investment: Pralhad Joshi

Airlines shun Rs 10,000-crore ATF subsidy as fuel prices fall

Coal India's supplies to power plants climb 5.9% in June on peak summer demand

Crude at 4-month low, but petrol, diesel price cuts unlikely soon as refiners work through costlier stock: Puri

Captive, commercial coal output rises 14.9% in June; quarterly growth more measured at 5.35%