Latest News | Axis Bank Appoints LIC MD T C Suseel Kumar on Its Board

New Delhi, Jun 29 (PTI) Axis Bank on Monday appointed Life Insurance Corporation of India (LIC) managing director T C Suseel Kumar on its board as non-executive member.

LIC is one of the promoters of Axis Bank.

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The proposal relating to the appointment of Kumar as the additional non-executive (nominee) director of the bank will be subject to the approval of shareholders at the 26th Annual General Meeting, Axis Bank said in a regulatory filing.

Kumar was appointed MD of LIC in March 2019.

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(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)