Govt forms panel under BBB to select MD for PSU insurance firms

Updated: Thu, Dec 13, 2018
10:20 pm
PTI
RELATED NEWS
Davos 2020: Income tax cut may boost demand, M&M MD Pawan Goenka on Budget 2020 Davos 2020: Income tax cut may boost demand, M&M MD Pawan Goenka on Budget 2020
Budget deficit goal post should be increased: Vikram Kirloskar, CII Budget deficit goal post should be increased: Vikram Kirloskar, CII

The government has constituted a seven-member panel to select managing directors of public sector insurance companies.

According to sources, the panel would be headed by Banks Board Bureau (BBB) chairman B P Sharma.

The other members of the panel are Financial Services Secretary, Department of Public Enterprises Secretary and Chairman of Insurance Regulatory and Development Authority of India, sources said.

Besides, three insurance sector experts -- G N Bajpai, Mathew Varghese and T Bhargava -- have been appointed on the selection panel.

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)