V K Sharma appointed as new LIC Chairman

The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Department of Financial Services for appointment of V K Sharma, MD, LIC, as chairman, LIC in fixed pay of Rs 80,000 (pre-revised) for a period of five years… or up to the date of his superannuation, or until further orders..,” said. Sharma has been serving as LIC’s MD since November 2013.