LIC Housing Finance has elevated V K Sharma to the post of Managing Director and Chief Executive of the company with effect from March 19, 2013.
The company in a filing to the BSE said: “V K Sharma who has been Director and Chief Executive of the company has been appointed as Managing Director and Chief Executive of the company in the capacity of whole time Executive Director with effect from March 19, 2013.”
Also, Sushobhan Sarker who has been Managing Director of the company will continue to be a Non-Executive Director with effect from March 19, 2013, it added.
Shares of LIC Housing today ended flat at Rs 241.35 apiece on the BSE.