Mumbai, Mar 5 (PTI) Bank of India on Tuesday announced the appointment of MR Kumar, former chairman of LIC, as the non-executive chairman and Rajiv Mishra as an executive director.

Kumar, a science graduate from the University of Madras, also serves on the board of Ambuja Cements. He joined Life Insurance Corporation in 1983 and was its chairman from 2019 to March 2023.

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Kumar had also served as a director on the boards of Kenindia Assurance, Kenya, and ACC India.

His other leadership roles include the chairmanship of the governing board of National Insurance Academy, president of Insurance Institute of India, and as chairman of Council of Insurance Ombudsman.

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The bank also announced appointment of Mishra as an executive director. An MBA, Mishra led Union Bank of India's digital transformation, highlighted by the launch of the Vyom mobile app. He had also served on the boards of Kashi Gomti Samyut Gramin Bank in Varanasi, and UBI Services.

(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)