FSIB Picks R Doraiswamy as MD & CEO of LIC:
The Financial Services Institutions Bureau (FSIB) has recommended R Doraiswamy, an experienced LIC executive, for the coveted post of Managing Director (MD) and Chief Executive Officer (CEO) of the Life Insurance Corporation of India (LIC). With over 38 years of service at LIC, Doraiswamy is recognized for his extensive expertise in operations, marketing, technology, and academics. The final decision now rests with the Appointments Committee of the Cabinet, which will give the official approval.The FSIB interviewed four senior LIC officials for the CEO & MD position. Based on performance, experience, and eligibility parameters, R Doraiswamy was recommended. The post has gained attention due to its strategic importance amid LIC’s ongoing leadership restructuring.
