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IPO-bound LIC chairman M R Kumar to complete his term: Govt official

The government has abolished the position of chairman at the insurer, and will have a CEO and MD

Topics
LIC  | IPO | life insurance policy

Nikunj Ohri  |  New Delhi 



M R Kumar, Chairman, LIC
M R Kumar, Chairman | Photo: Kamlesh Pednekar

Even as the government has notified rules to relinquish the position of Chairman at Life Insurance Corporation of India (LIC), M R Kumar would continue serving the post until he completes his term, said a government official. The position of chairman at would be relinquished over a period of time, he added.

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First Published: Sat, July 10 2021. 06:10 IST

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