FSIB Selects Candidates for LIC MD Positions
FSIB has recommended Dinesh Pant and Ratnakar Patnaik for the Managing Director positions of LIC. The final decision will be taken by the Appointments Committee of the Cabinet.
New Delhi, Feb 20 (PTI) FSIB, the headhunter for directors of state-owned banks and financial institutions, on Thursday recommended the names of Dinesh Pant and Ratnakar Patnaik for the posts of managing director of insurance behemoth LIC.
The Financial Services Institutions Bureau (FSIB) interviewed eight candidates for the positions, it said in a statement.
"Keeping in view their performance in the interface, their overall experience and the extant parameters, the bureau recommends Dinesh Pant and Ratnakar Patnaik for the vacancy dated June 1, 2025," it said.
The final decision on the FSIB recommendations would be taken by the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi.
The FSIB is headed by Bhanu Pratap Sharma, former secretary, Department of Personnel and Training (DoPT).
Other members of the headhunter are the secretary, Department of Financial Services, secretary, Department of Public Enterprises, IRDAI Chairman Debasish Panda, former LIC managing director Usha Sangwan and former Oriental Insurance managing director A V Girija Kumar.
The Financial Services Institutions Bureau (FSIB) interviewed eight candidates for the positions, it said in a statement.
"Keeping in view their performance in the interface, their overall experience and the extant parameters, the bureau recommends Dinesh Pant and Ratnakar Patnaik for the vacancy dated June 1, 2025," it said.
The final decision on the FSIB recommendations would be taken by the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi.
The FSIB is headed by Bhanu Pratap Sharma, former secretary, Department of Personnel and Training (DoPT).
Other members of the headhunter are the secretary, Department of Financial Services, secretary, Department of Public Enterprises, IRDAI Chairman Debasish Panda, former LIC managing director Usha Sangwan and former Oriental Insurance managing director A V Girija Kumar.
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