Comments
General Insurance Corporation of India (GIC Re) has appointed Ramaswamy Narayanan as Chairman and Managing Director, effective October 1.
He will replace Devesh Srivastava, whose four-year term ended at the close of September 2023 as he attained the age of 60 years.
The appointment comes after the Financial Services Institution Bureau (FSIB) recommended Narayanan as the head of GIC Re in June 2023, following which his position was approved by the Finance Ministry.
Narayanan joined GIC Re has a direct recruit officer in 1988 and has since managed a spectrum of non-life insurance classes, including Fire, Engineering, Miscellaneous, Motor, Liability, Aviation, Marine, and Agriculture.
Previously, he has also headed GIC Re’s UK branch, wherein he played a key role in the establishment of the Lloyds syndicate of GIC (GIC 1947).
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.