The Financial Services Institutions Bureau (FSIB) has recommended the name of Shri Ramakrishnan Chander for the position of Managing Director in LIC.
There are four managing directors in the upper board of LIC, apart from the MD and CEO. R. Doraiswamy is the current MD and CEO of the corporation. Dinesh Pant, Ratnakar Patnaik, and Sat Pal Bhanoo are the other MDs.