The decision to appoint the next top honcho to head General Insurance Corporation of India (GIC) hangs in abeyance, as appointments by the ministry comes to a standstill in the wake of the political rumblings at the Centre.D Sengupta was the chairman of the corporation till he retired on June 30.
The insurance grapevine is that P C Ghosh, the incumbent managing director of the designated national reinsurer, is likely to step into Sengupta
