The Financial Services Institutions Bureau (FSIB) has recommended Siddhartha Mohanty as the chairperson of LIC of India. The headhunter for state-owned banks and financial institutions’ recommendation came Thursday (23.03.2023) after it evaluated four candidates for the top LIC Job.
The final decision on the recommendation of FSIB would be taken by the Appointments Committee of the Cabinet, headed by Prime Minister Narendra Modi.
Mohanty is currently serving as the interim chairperson of LIC for a period of three months, along with discharging his responsibilities as managing director (MD) of the corporation.
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