The Centre has appointed MR Kumar as the Chairman of the insurance behemoth Life Insurance Corporation.
Kumar will hold the Chairman post for five years, according to a Personnel Ministry order.
Prior to this elevation, Kumar was Zonal Manager (In-Charge) of North Zone, Delhi.
The Centre has also appointed Vipin Anand and TC Suseel Kumar as the Managing Directors of LIC for five years. While Suseel Kumar is Zonal Manager (In-Charge) for South Central Zone, Anand is the Zonal Manager (In-Charge) for Western Zone.