The Financial Services Institutions Bureau (FSIB) on Thursday (21.03.2024) announced the selection of nine executive directors to serve in various public sector general insurers. Among these appointments, Rashmi Bajpai and Amit Misra are set to assume the roles of executive directors at the Oriental Insurance Company. H J Joshi and Radhika C S have been chosen for similar positions at GIC Re, while T Babu Paul and C G Prasad will take on responsibilities at the National Insurance Company. Additionally, Sunita Gupta and P C Gothwal are slated to become executive directors at United India, with Dasarathi Singh selected for the same role at the Agriculture Insurance Company of India.
Following this selection process, the chosen candidates’ names will undergo further scrutiny and be forwarded to the Department of Financial Services (DFS) before reaching the final stage of approval by the Appointments Committee of the Cabinet (ACC).