KIC Housing Finance CEO - Siddhartha Mohanty roped in as new LIC MD


KIC Housing Finance CEO - Siddhartha Mohanty roped in as new LIC MD: With effect from February 1, the government has roped in KIC Housing Finance Chief Executive Officer (CEO), Siddhartha Mohanty as the Managing Director of Life Insurance Corp. (LIC).

 

The Appointments Committee of the Cabinet (ACC) has approved the appointment of Mohanty till his superannuation on June 30, 2023.

 

Mohanty has succeeded TC Susheel Kumar who is set to retire on January 31, 2021.

 

“ The Appointments Committee of the Cabinet (ACC) has approved the proposal of the department of financial services for appointment of Shri Siddhartha Mohanty, CEO,LIC Housing Finance as MD, LIC, in the pay scale of Rs.205,400 – Rs.224,400 with effect from the date of his assumption of charge of the post on or after 01.02.2021 and upto the date of his superannuation or until further orders, whichever is earlier”, the government notification said....Read More

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