VK Sharma Appointed LIC Chief For 5 Years

New Delhi: Government on Wednesday appointed VK Sharma as the Chairman of state-owned behemoth Life Insurance Corporation (LIC) for five years. Managing Director at LIC, Mr Sharma was already acting as chairman since September 16 when the then chairman S K Roy was relieved of his duties. Mr Roy had resigned in June, nearly two years ahead of his retirement. "The Appointments Committee of the Cabinet (ACC) has approved the proposal...