FSIB selects 5 EDs for Key Posts in OICL, GIC-Re & AICIL

FSIB recommends 5 candidates as Executive Directors in OICL, GIC-Re, and AICIL after interviews held on May 14 & 16, 2025.

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FSIB

New Delhi, May 19, 2025: The Financial Services Institutions Bureau (FSIB) on Friday (16.05.2025) recommended five senior professionals from non-life public sector insurance companies for the position of Executive Director (ED) in three major public sector insurers — Oriental Insurance Company Ltd. (OICL), General Insurance Corporation of India (GIC-Re), and Agriculture Insurance Company of India Ltd. (AICIL).

The selection was made after interfacing with 16 candidates on May 14 and 16, 2025.

The following candidates have been recommended:

  1. Anjana Saxena – for the ED vacancy in OICL w.e.f. April 1, 2025
  2. Amandeep Singh Grover – for the ED vacancy in OICL w.e.f. July 1, 2025
  3. Jayashri Balkrishna – for the ED vacancy in GIC-Re w.e.f. July 1, 2025
  4. Sanjay Lalla – for the ED vacancy in AICIL w.e.f. July 1, 2025
  5. Mini George – for the ED vacancy in AICIL w.e.f. July 1, 2025