BBB recommends M K Gupta and Raj Kumar as MDs of LIC

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The Banks Board Bureau (BBB) has recommended names of Mukesh Kumar Gupta and Raj Kumar for the post of Managing Director of insurance behemoth LIC.

In addition to Chairman, LIC has four Managing Directors. The recruitment drive is against the vacancy created by retirement of B Venugopal and Hemant Bhargava in May and July, respectively. Seven officials appeared for the interview for the two posts in LIC on Tuesday.

In March, the government had appointed MR Kumar as the chairman of LIC, and TC Suseel Kumar and Vipin Anand were appointed as managing directors.