 "LIC invites applications to appoint chief financial officer ahead of IPO")
State-owned Life Insurance Corporation (LIC) has invited applications from prospective candidates for the position of a chief financial officer ahead of its market debut.
The candidate selected for the post will have three-year period as the CFO and will have an annual cost to company of Rs 75 lakh (negotiable).
This is perhaps the first instance of lateral hiring for the state-owned insurer. The Union government plans to list LIC on the bourses by the end of this fiscal year.
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