- FSIB has chosen Girija Subramanian as CMD of the New India Assurance Company.
- Financial Services Institutions Bureau (FSIB) has chosen Bhupesh Sushil Rahul as chairman and managing director (CMD) of United India Insurance Company.
- Since Satyajit Tripathy’s retirement in February 2024, the position of CMD of United India has been unfilled.
- Neerja Kapur’s tenure at New India Assurance will end in April 2024.
- Girija Subramanian is currently serving as the Agriculture Insurance Company of India’s CMD.
- B S Rahul is the general manager of the Agriculture Insurance Company of India.
- For the CMD positions, six general managers were shortlisted.
- BS Rahul, Hitesh Joshi, Jayshree Bala, V Balkrishna, Sunita Gupta, and Rekha Solanki were shortlisted for the position at United India Insurance.
- Joshi and Subramanian were the candidates shortlisted for the post in New India Assurance.
- In addition, the FSIB has chosen nine executive directors for general insurers in the public sector for the first time.
- Rashmi Bajpai and Amit Misra have been chosen as executive directors for the Oriental Insurance Company.
- H J Joshi and Radhika C S have been chosen as executive directors for the GIC Re.
- T Babu Paul and C G Prasad have been chosen as executive directors for the National Insurance Company.
- Sunita Gupta and P C Gothwal have been chosen for the post of executive directors for the United India.
- Dasarathi Singh has been chosen for the position of executive director of the Agriculture Insurance Company of India.
- These names will be further sent to the Department of Financial Services (DFS).
- The names will then be sent to the Appointments Committee of the Cabinet (ACC) for final approval.
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