New Delhi (06.02.2022): Life Insurance Corporation (LIC) has last month appointed six independent directors on its board to meet regulatory norms of corporate governance. LIC appointed former financial services secretary Anjuli Chib Duggal, ex-Sebi member G Mahalingam, former SBI Life managing director Sanjeev Nautiyal, sources said. Chartered accountants MP Vijay Kumar, Raj Kamal, and V S Parthasarathy are roped in as independent directors on LIC's board. With the appointment, the total number of independent directors goes up to nine, and all vacancies are filled. The central government is expected to file draft papers for the initial public offering of LIC with market regulator Sebi by this week, Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey had said.

New Delhi (06.02.2022): Life Insurance Corporation (LIC) has last month appointed six independent directors on its board to meet regulatory norms of corporate governance. LIC appointed former financial services secretary Anjuli Chib Duggal, ex-Sebi member G Mahalingam, former SBI Life managing director Sanjeev Nautiyal, sources said.
Chartered accountants MP Vijay Kumar, Raj Kamal, and V S Parthasarathy are roped in as independent directors on LIC's board.
With the appointment, the total number of independent directors goes up to nine, and all vacancies are filled.
The central government is expected to file draft papers for the initial public offering of LIC with market regulator Sebi by this week, Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey had said.