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GIC Re appoints ______ as Chairman and Managing Director effective from October 1, 2023
A)
Ramaswamy N
B)
Hitesh Joshi
C)
Girija Subramanian
D)
Chandra Iyer

Correct Answer :   Ramaswamy N


General Insurance Corporation of India (GIC Re) on Wednesday (4th October 2023), announced the appointment of Ramaswamy N as its new Chairman and Managing Director (CMD), effective from October 1, 2023.

This appointment follows the decision by the Ministry of Finance, Government of India.

Ramaswamy, a veteran in the insurance industry, has diverse experience of over three decades at GIC Re.

He began his journey with GIC Re in 1988 as a direct recruit officer. Over the years, he managed a wide spectrum of non-life insurance classes, including Fire, Engineering, Miscellaneous, Motor, Liability, Aviation, Marine, and Agriculture.

Ramaswamy said, "GIC Re has a rich legacy of serving the insurance and reinsurance needs of our nation and beyond. I look forward to working closely with all stakeholders to achieve our vision and contribute to the growth and resilience of the insurance sector."..

Source : CNBC

Published On : October 9, 2023
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