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.
