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Monday, November 4, 2013

Two MDs appointed in LIC

Life Insurance Corporation (LIC) has announced the appointment of two managing directors – V.K.Sharma and Usha Sangwan.

Vijay Kumar Sharma has been Managing Director & CEO, LIC Housing Finance Ltd (LIC HFL), a premier housing finance provider in the country with loan portfolio exceeding Rs 83, 000 crore. His key areas of expertise have been Business Strategy, Business Development, Processes and Systems, Leadership Development, Branding and Product Development and Risk Mitigation and Compliance. He has held important positions as Zonal Manager In-charge of Southern Zone (Tamilnadu, Kerala), Executive Director of Pension & Group Schemes.

Usha Sangwan joined LIC in 1981 as a Direct Recruit Officer. She holds a Master’s Degree in Economics and a Post Graduate Diploma in Human Resource Management. Prior to taking charge as MD, she was Executive Director, Corporate Communications, LIC of India. In LIC she has worked in almost all core areas of life Insurance including Marketing, Operations, Personnel, Housing Finance, Group Business, Direct Marketing, International Operations and Corporate Communications. Prior to being Executive Director, Corporate Communications she was Executive Director (Direct Marketing).

Source: thehindubusinessline


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