8 JULY 2021,

The Life Insurance Corporation of India (LIC) will now have the post of Chief Executive Officer (CEO) and Managing Director instead of Chairman.

आज (8 July ) का इतिहास || Aaj ka itihas || HISTORY ||

This comes as the government is making changes to relevant rules ahead of the insurer’s initial public offering (IPO) this fiscal. The government has already approved raising authorised share capital to ₹25,000 crore to facilitate LIC’s listing.

-NAV GILL