Govt Forms Panel Under BBB to Select MD for PSU Insurance Firms

The government has constituted a seven-member panel to select managing directors of public sector insurance companies.

New Delhi, Dec 13 (PTI) The government has constituted a seven-member panel to select managing directors of public sector insurance companies.

According to sources, the panel would be headed by Banks Board Bureau (BBB) chairman B P Sharma.

The other members of the panel are Financial Services Secretary, Department of Public Enterprises Secretary and Chairman of Insurance Regulatory and Development Authority of India, sources said.

Besides, three insurance sector experts -- G N Bajpai, Mathew Varghese and T Bhargava -- have been appointed on the selection panel.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

Share Now

Share Now