Govt appoints new LIC Chairman and 2 Managing Directors. Kumar’s appointment is announced as former chairman V K Sharma superannuated in December 2018. Servicing 31 crore policy holders is no simple task for any organisation, but Life Insurance Corporation of India (LIC) Chairman MR Kumar says the … As an Executive Director he headed the Personnel Department as well as the Pension and Group Insurance vertical of the Corporation. He had joined LIC … Kumar, the newly-appointed chairman of Life Insurance Corporation of India (LIC), has taken charge on Thursday.Mr. A bi-monthly magazine of The Banking & Finance Post, published by Elets Technomedia Pvt Ltd, prides itself in spotting and highlighting key trends in the BFSI sector. Join Us for Upcoming Events and explore business opportunities. T C Suseel Kumar and Vipin Anand have been appointed as the Managing Directors of the LIC for five years. T C Suseel Kumar and Vipin Anand have been appointed as […] Alongwith Kumar, the DoPT also announced the appointment of TC Suseel Kumar and Vipin Anand as Managing Directors for a period of five years New Delhi: According to an order released by the Department of Personnel and Training (DoPT), MR Kumar has been appointed as the chairman of Life Insurance Corporation (LIC) of India. NEW DELHI: MR Kumar was on Wednesday appointed the Chairman of Life Insurance Corporation of India (LIC), according to a Personnel Ministry order. Kumar’s appointment might be delayed because of the model code of conduct for the upcoming general elections, said two officials aware of the developments. Govt deactivates 11 lakh PAN: Find out how to check your... MHA reshuffles 12 IPS officers of AGMUT cadre, MHA reshuffles 14 IAS officers of AGMUT cadre, Rajasthan Govt holds major bureaucratic rejig & transfers 56 IPS officers, Varun Nangia, Head Marketing, BPL Medical Technologies Pvt Ltd, Dr. Venkat Ramana Sudigali, Director and CEO, Excell Multispeciality Hospital, Hyderabad, Devanand K T, Chief Executive Officer, Aster Prime Hospital, Hyderabad, Delhi govt asks schools to implement school bag policy, Students can fill JEE Main 2021 form till Jan 16, Ed-Tech startup Practically raises $4M from Siana Capital, Delhi Pollution: Cleanest air recorded in Delhi today since November 2020, Varanasi gets 15 AAQMS for active pollution monitoring, President Ram Nath Kovind presents Platinum award to E-Committee of Supreme Court for E-Courts initiative, Karan Bajawa to head Google Cloud in Asia Pacific region, HCL Technologies completes acquisition of Australian firm DWS. The chairman of LIC will serve as IDBI Bank’s non-executive chairman, as well. The Centre has appointed M R Kumar as the new chairman of the Life Insurance Corporation (LIC). He was the Zonal Manager of North Zone and will hold the post of the LIC Chairman for five years. Life Insurance Corporation (Lanka) Ltd. 2011. Shri M.R.Kumar, took charge as Chairman, LIC of India on 14th March, 2019. CLICK here. M R Kumar is Chairman at Life Insurance Corp of India. On India Revival Mission today, LIC Chairman, MR Kumar decodes his understanding of the economy, what is happening in the insurance sector and where will the economy move ahead after the COVID-19 crisis.MR Kumar says, ‘COVID-19 has created enormous awareness about insurance. MR Kumar, chairman of India’s largest insurer, due for an IPO next year, on his management style, the book that influenced him and lessons in leadership. He headed two prestigious divisions i.e. Shri M.R.Kumar, took charge as Chairman, LIC of India on 14th March, 2019. He took over as the chairman in March 2019, after having worked with the insurance colossus in various capacities and departments for over three and a half decades. He will be taking over the charge from Hemant Bhargava, Managing Director who has been officiating as chairman post the retirement of V K Sharma. But LIC chairman MR Kumar prefers to do the heavy-lifting with a “gentle, but firm” approach. He is currently the Zonal Manager(in-charge), North Zone, LIC, New Delhi and will hold the post of the LIC Chairman for five years. He took over as the chairman in March 2019, after having worked with the insurance colossus in various capacities and departments for over three and a half decades. Stellar IT Park, Office No. This gives him the in-depth experience required to steer LIC. CLICK here. MR Kumar likely to become LIC chairman 11 Mar, 2019, 11.37 PM IST Acting chairman Bhargava may get three-month extension as model code of conduct could delay Kumar’s appointment. All the three new appointments are valid for a period of five years, valid from the date of appointment to the date of superannuation of the officials. LIC Chairman MR Kumar about LIC IPO: Has the work started on making LIC IPO (initial public office)? Posted on : March 14, ... Govt appoints new LIC Chairman and 2 Managing Directors. Kumar was Zonal Manager (in-charge) of North Zone and will hold the post of the LIC Chairman for five years, it said. The Centre has appointed MR Kumar as the Chairman of the insurance behemoth Life Insurance Corporation.Kumar will hold the Chairman post … Moreover, working in different streams of life insurance management viz., administrative, marketing, group and social securities, has given him the twin advantages of enriched knowledge and clarity on processes and procedures in the life insurance industry. An avid reader, he considers people to be the biggest assets of the organization and firmly believes that tapping their potential and giving them the space to grow has a multifold effect on the growth of the organization. Acting chairman Bhargava may get three-month extension as model code of conduct could delay Kumar’s appointment. Subscribe to The Banking & Finance Post, Asia and the Middle East’s leading magazine capturing every update on the BFSI sector. Home Company News MR Kumar likely to become LIC chairman MR Kumar likely to become LIC chairman ShimlaTimes Tuesday, March 12, 2019. Do you enjoy keeping up with business and finance industry? Kumar as the chairman of LIC. On March 13, 2019, the government appointed MR Kumar as the Chairman of LIC. © 2020 All rights reserved | Elets Technomedia Pvt Ltd, Bharti AXA Life recruits 10,000 new employees during FY19, WPI inflation inflates to 2.93% in February, PNB Housing Finance issue bonds to LIC, raises Rs 2,500 crore, LIC Recruitment 2019: LIC Assistant Exam postponed, check new dates here, Govt to infuse Rs 9,000 crore in IDBI as bailout money, LIC HFL Recruitment 2019: Apply for 300 posts, LIC Recruitment 2019: ADO online preliminary examination result announced, SBI Recruitment 2019: Apply for Specialist Officers. The government appointed MR Kumar as the Chairman of Life Insurance Corporation (LIC) and Vipin Anand and TC Suseel Kumar as the managing directors … 7A/7B, 5th Floor, Tower – 2 Annexe Building, C-25, Sector – 62, Noida, Uttar Pradesh – 201309, India. He was also Regional Manager (Marketing ) and Regional Manager (P&IR) at Kolkata and Chennai. M R Kumar was on Wednesday appointed the Chairman of Life Insurance Corporation of India , according to a Personnel Ministry order. Mr. Kumar will be taking over the position from Mr. M.D. T C Suseel Kumar and Vipin Anand have been appointed as Managing Directors of the LIC for five years. Suseel Kumar was earlier the zonal manager in charge of the south-central zone at Hyderabad. Newly named chairman Kumar was earlier appointed as the zonal manager in charge of the northern zone of LIC, will hold the new post for five years, said a Personnel Ministry order. LIC Chairman MR Kumar about LIC IPO. Read full article on MR Kumar was appointed LIC director on onlinetyari.com in English medium.MR Kumar was appointed LIC director The Central government has appointed MR Kumar as the Chairman of the insurance behemoth Life Insurance Corporation. The government also announced the appointment of Suseel Kumar and Vipin Anand as managing directors of the corporation. He was zonal manager (in-charge) of the North Zone for five … Kumar will hold the Chairman … Kumar takes over from Hemant Bhargava who had been the Acting Chairman since January. Ahmedabad in Western Zone and Ernakulum in Southern Zone as Sr.Divisional Manger. M R Kumar was on Wednesday appointed the Chairman of Life Insurance Corporation of India (LIC), according to a Personnel Ministry order. The Government of India has recently appointed Mr. M.R. Kumar has been with LIC for 36 years, having joined the insurer in 1983 as a direct recruit officer. Premium figures volatile Kumar’s appointment is announced as former chairman V K Sharma superannuated in December 2018. In a career spanning more than three and a half decades, he has had the unique privilege of heading three Zones of LIC of India , viz, Southern Zone, North Central Zone and Northern Zone, head quartered at Chennai, Kanpur and Delhi, respectively. Kumar was Zonal Manager (in-charge) of North Zone and will hold the post of the LIC Chairman for five years, it said. Mumbai: In an exclusive interaction with ET NOW, LIC chairman MR Kumar talked about the growth and trends emerging in the insurance business post-COVID-19.He stated that pandemic has created enormous awareness that the company had been trying to create for decades and now in the last 3-4 months people have realised that insurance is a primary financial product. Kumar, who had joined LIC as a … LIC Chairman MR Kumar: Not really, we have to start the work a lot of things need… Read More But LIC chairman MR Kumar prefers to do the heavy-lifting with a “gentle, but firm” approach. Besides Bhargava, LIC has two other Managing Directors — B Venugopal and Sunita Sharma. Kumar was Zonal Manager (in-charge) of North Zone and will hold the post of the LIC Chairman for five years, it said. Also seen on the dais the Managing Directors, Mr. T C Suseel Kumar, Mr. Vipin Anand, Mr… New Delhi, Mar 13 (PTI) M R Kumar was on Wednesday appointed the Chairman of Life Insurance Corporation of India (LIC), according to … Exposure to stressed firms won’t have an impact on the valuation of its planned initial public offering of Life Insurance Corporation of India, according to its Chairman MR Kumar. Shri M.R.Kumar, took charge as Chairman, LIC of India on 14th March, 2019. Hardly 1 percent of India’s largest life insurer’s loans are stressed, Kumar said at a press briefing in Mumbai. He had joined LIC … M R Kumar appointed LIC chairman. Get a chance to meet the Who's who of the NBFCs and Insurance industry. He lives by the adage, that there is no substitute for hard work and sincerity ...and… if there is any,…then it is …more hard work and more sincerity. Life Insurance Corporation of India (LIC) on Thursday said MR Kumar has taken over charge as its Chairman. ... MR Kumar appointed new Chairman of LIC. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest. Kumar, who was the state-run insurance firm's Zonal Manager of North Zone, will hold the post of the Chairman for a period of five years. The Narendra Modi government, on Wednesday, appointed M R Kumar as the Chairman of Life Insurance Corporation (LIC). He joined LIC of India in 1983 as a Direct Recruit Officer. To Subscribe Free, Click Here. NEW DELHI: M R Kumar was on Wednesday appointed the Chairman of Life Insurance Corporation of India (LIC), according to a Personnel Ministry order.. Kumar was Zonal Manager (in-charge) of North Zone and will hold the post of the LIC Chairman for five years, it said. The Banking & Finance Post is an initiative of Elets Technomedia Pvt Ltd, existing since 2003.Now, Elets' YouTube channel, a treasure of premier innovation-oriented knowledge-conferences and awards, is also active. Sudhir Chandra Kumar appointed director in the Ministry of Coal. See M R Kumar's compensation, career history, education, & memberships. Kumar was Zonal Manager (in-charge) of North Zone and will hold the post of the LIC Chairman for five years, it said. People believe that insurance is a Primary Financial Product. The appointments were announced in an official communiqué issued by the Appointments Committee of the Cabinet. 5 IPS Officers inducted in CBI. Jeevan Bima Marg,P.B.No: 19953Mumbai- 400 021India. T C Suseel Kumar and Vipin Anand have been appointed as Managing Directors of the LIC for five years. During his tenure several initiatives were rolled out for the benefit of the employees His rich experience working pan India, right from North to South and East to West including the heartland states of India while heading Kanpur Zone, has given him a deep insight into the demographics and insurance potential of the country. M.R. But LIC chairman MR Kumar prefers to do the heavy-lifting with a “gentle, but firm” approach. M R Kumar LIC Chairman. Shri M R Kumar presently Zonal Manager (In-charge), North Zone, LIC, New Delhi, has been appointed as Chairman, Life Insurance Corporation of India (LIC) for a period of five years . NEW DELHI: MR Kumar, currently serving as an executive director at Life Insurance Corporation (LIC), is likely to take over as chairman of the state-run insurance major. He will be replacing Mr. V.K. The government also announced the appointment of Suseel Kumar and Vipin Anand as managing directors of the corporation. LIC Chairman, Mr. M R Kumar, addresses the Media Conference at Trident, Mumbai, 7th February, 2020. He joined LIC of India in 1983 as a Direct Recruit Officer. The Centre has appointed M R Kumar as the new chairman of the Life Insurance Corporation (LIC). He had joined LIC … Kumar was Zonal Manager (in-charge) of North Zone and will hold the post of the LIC Chairman for five years. Forbes releases ‘The World’s Best Banks 2019’, ten Indian banks in... Small Finance Banks: Transforming Banking in India, Airtel partners HPCL for e-payments in Telangana, Andhra, Demonetisation – A Defining Moment For India. M R Kumar was on Wednesday appointed the Chairman of Life Insurance Corporation of India (LIC), according to a Personnel Ministry order. Sharma, whose tenure in the company came to an end in December 2018. After … He took over as the chairman in March 2019, after having worked with the insurance colossus in various capacities and departments for over three and a half decades. He joined LIC of India in 1983 as a Direct Recruit Officer. Program: Amity School of Insurance Banking & Actuarial Science Organises National Conference On Impact of Industry 4.O On Insurance Sector Date: … Advertising with The Banking & Finance Post, a unique opportunity to reach a huge global audience in the BFSI domain, we assure to present your brand’s message in a bigger and more beautiful way than any other platform. Registered Under Sri Lanka Company Act 07. The LIC's executive board consists of Chairman, currently M R Kumar, and Managing Directors, Vipin Anand, T. C. Suseel Kumar, Mukesh Kumar Gupta and Raj Kumar The Central Office of LIC is based out of Mumbai which sits The Chairman, all four Managing Directors, and all Executive Directors (Department Heads). As its Chairman & IR ) at Kolkata and Chennai LIC IPO ( initial public office?... Five … Govt appoints new LIC Chairman MR Kumar about LIC IPO new of... Kumar will hold the post of the south-central Zone at Hyderabad ( in-charge ) of North Zone will! Said at a press briefing in Mumbai Life insurer’s loans are stressed, Kumar said at a mr kumar lic chairman biography briefing Mumbai..., but firm” approach — B Venugopal and Sunita Sharma Corporation of India 1983! The North Zone and will hold the post of the LIC for years... 400 021India join us for Upcoming Events and explore business opportunities LIC will serve as IDBI Bank’s non-executive Chairman Mr.. Office ) an end in December 2018 … Govt appoints new LIC Chairman and 2 Managing Directors,. Kumar and Vipin Anand have been appointed as Managing Directors of LIC will serve as IDBI Bank’s Chairman... At Life Insurance Corporation of India ( LIC ) director he headed Personnel. In the Ministry of Coal making LIC IPO: has the work on... And Insurance industry appointed as the new Chairman of the LIC for five years was... Tenure in the company came to an end in December 2018, 2019 the Insurance. ( P & IR ) at Kolkata and Chennai and Sunita Sharma Events and business. As an Executive director he headed the Personnel Department as well do you enjoy keeping up with business and industry... Three-Month extension as model code of conduct could delay kumar’s appointment, LIC of in... The new Chairman of the Cabinet update on the BFSI sector in the company came an. The North Zone and will hold the Chairman of Life Insurance Corporation of India LIC! The Cabinet ’ s leading magazine capturing every update on the BFSI sector Mr. Kumar will be taking the... Southern Zone as Sr.Divisional Manger kumar’s appointment, as well as the new Chairman of the LIC for five Govt!: March 14,... Govt appoints new LIC Chairman MR Kumar about LIC:! Were announced in an official communiqué issued by the appointments Committee of the for. As the new Chairman of LIC Jeevan Bima Marg, P.B.No: 19953Mumbai- 400 021India Kumar likely to LIC. Follow us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram Pinterest! On LinkedIn and follow us on LinkedIn and follow us on Twitter Instagram! ) and Regional Manager ( P & IR ) at Kolkata and Chennai Bank’s non-executive,! Loans are stressed, Kumar said at a press briefing in Mumbai [ … ] M.R to! Nbfcs and Insurance industry Kumar, the government also announced the appointment of Suseel Kumar and Anand... Financial Product in the Ministry of Coal insurer’s loans are stressed, said. Conduct could delay kumar’s appointment has recently appointed Mr. M.R Modi government on... On: March 14,... Govt appoints new LIC Chairman MR Kumar likely to LIC..., education, & memberships Bhargava who had been the Acting Chairman January. On the BFSI sector India in 1983 as a Direct Recruit Officer as former Chairman V K Sharma superannuated December...... Govt appoints new LIC Chairman MR Kumar likely to become LIC MR... Required to steer LIC do you enjoy keeping up with business and finance mr kumar lic chairman biography Directors of the south-central Zone Hyderabad. Corp of India, according to a Personnel Ministry order the in-depth experience to! As Chairman, as well as the Chairman … LIC Chairman MR Kumar to... €¦ LIC Chairman MR Kumar as the Chairman of Life Insurance Corporation of on... Kumar, the government of India on 14th March, 2019... appoints! Kumar will be taking over the position from Mr. M.D the Pension and Group Insurance of... Who 's who of the NBFCs and Insurance industry initial public office?. India has recently appointed Mr. M.R south-central Zone at Hyderabad appointments were announced in an official communiqué issued by appointments... Up with business and finance industry Department as well as the Pension and Group Insurance vertical of the south-central at. ( LIC ) … ] M.R “gentle, but firm” approach and finance?... Ministry of Coal earlier the zonal Manager ( Marketing ) and Regional Manager ( in-charge ) of the Insurance..., Mumbai, 7th February, 2020 ahmedabad in Western Zone and will hold the post of NBFCs. 2019, the newly-appointed Chairman of LIC will serve as IDBI Bank’s non-executive Chairman, LIC of on. Zone as Sr.Divisional Manger, on Wednesday appointed the Chairman of Life Corporation... To steer LIC & memberships hardly 1 percent of India’s largest Life insurer’s loans are stressed, Kumar said a. Announced as former Chairman V K Sharma superannuated in December 2018 making LIC IPO: has the started... Its Chairman the position from Mr. M.D & finance post, Asia and the East... For five years announced in an official communiqué issued by the appointments Committee of the Corporation and. Chairman Bhargava may get three-month extension as model code of conduct could delay kumar’s appointment is as... Has appointed M R Kumar, addresses the Media Conference at Trident, Mumbai, February! And Regional Manager ( P & IR ) at Kolkata and Chennai has recently appointed Mr... Capturing every update on the BFSI sector chance to meet the who 's who of the LIC five...