lic ceo, private CEO for LIC.. central government secret project! – Indian govt plans to appoint a private sector professional as CEO of LIC according to reports

LIC is the largest insurance company in India. LIC’s initial public offering (IPO) was held last May. In this, the price of one LIC share was sold at Rs 949.

However, LIC’s share price has been falling since its listing on the stock market. LIC share price has fallen by around 30% till now. In this case, it has been reported that the government is planning to appoint an executive from the private sector as the Chief Executive Officer (CEO) of LIC. LIC share price rose by over 1% today

It is noteworthy that the position of CEO has not been created for LIC so far. LIC has assets worth around Rs 41 lakh crore. LIC, India’s largest insurance company, is 66 years old.

In this case, it has been reported that the government is planning to appoint a person from the private sector for the post of CEO of LIC. It is also said that the government is negotiating very secretly in this regard.

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However, who the government will appoint as the chief executive is yet to be decided. The government has also received applications for this. Also, if the new chief executive comes, the government is also said to be considering whether to pay him a salary equal to that of the private sector.

LIC, India’s largest insurance company, has a share of 66.2% in the Indian insurance market. The company provides various services including Life Insurance, Health Insurance, Term Insurance, Savings Insurance, Pension.

LIC has more than 2000 branches, 113 regional branches and 1554 satellite offices. Apart from this, LIC is also operating in Singapore, UAE, England, Sri Lanka, Kuwait, Qatar, Bahrain, Fiji, Bangladesh, Mauritius, Nepal.

LIC has more than 13 lakh agents. LIC has earned the trust of the people of India. LIC’s assets of over Rs 41 lakh crore are invested in the stock market and government bonds.