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General Insurance Corporation of India - Board Meeting Outcome for Outcome Of BM Held On 15.04.2024
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15 Apr 2024
1. We wish to inform you that the Board in meeting held today have considered and approved the appointment of Shri V. Balkrishna, GM as CFO &amp; KMP Personnel of the Corporation in place of Smt. Jayashree Ranade, GM, CFO &amp; KMP of the Corporation, who will be retiring from the service on 30.04.2024. The appointment shall be effective from 01.05.2024 i.e. date of taking charge of the office. His terms of appointment have been recommended by Audit Committee &amp; Nomination and Remuneration Committee &amp; approved by the Board. His Brief profile is enclosed. there is no need to provide reason and resignation letter regarding retirement of Smt. Jayashree Ranade, CFO and KMP, since she is retiring from the service and the change is not due to resignation. 2. This is to inform you that KFin Technologies Limited is appointed as RTA effective from 01.04.2024. In this respect we had earlier informed vide letter dated 31.10.2023, about the extension of the term since appointment of RTA was in process.
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