S.O. 1369(E)— In exercise of the powers conferred by Section 4 of the Life Insurance Corporation of India Act, 1956 (31 of 1956), the Central Government hereby appoints Shri M.R. Kumar, Zonal Manager (In-charge), North Zone, Life Insurance Corporation of India, Delhi as Chairman, Life Insurance Corporation of India in the pay scale of Rs. 2,25,000/- (fixed), for a period of five years with effect from the date of assumption of charge of the post on or after the date of vacancy, or upto the date of his superannuation, or until further orders, whichever is the earliest.
[F. No. A-15011/02/2018-Ins.-I (1)]
Notification Dated: 14-03-2019
Ministry of Finance
Its a welcome decision by LIC of India. Mr. Kumar is a marketing person will surely benefit from his experience. https://bit.ly/2KYURbE