BBB recommends Mini Ipe, BC Patnaik as new MDs of LIC

The Banks Board Bureau (BBB), the headhunter for state-owned banks and financial institutions, on Friday (07.05.2021) recommended Mini Ipe and BC Patnaik as Managing Directors (MD) of Life Insurance Corporation (LIC), which will have two vacancies of MD in the next five months.

Mini will succeed Vipin Anand, who will retire in July-end, while Patnaik will be joining in place of Mukesh Gupta, who will be call it a day in September-end.

The names of Dinesh K Bhagat and Prakash Chand have been kept as the reserve candidates for these posts of MD.

The members of the Banks Board Bureau interviewed 06 candidates on May 07, 2021 for the forthcoming two vacancies of MD in LIC of India.