There is going to be a change in the top officials of PSU Insurance in which GMDs will be replaced by EDs.

Appointment

The top-level structure of public sector insurance companies is set to undergo an overhaul with the selection process and interviews for filling up the nine posts of executive directors (EDs) in place of general managers and directors (GMDs) expected to be completed soon.The ED structure for PSU insurers, which will be introduced for the first time, will be on the lines of PSU banks.


      The new structure aims to improve efficiency and decision-making within public sector insurance companies.

      EDs will bring specialized expertise, aligning PSU insurers' governance with the practices followed in PSU banks.

     

 

     


CFOs B) MDs C) CEOs D) EDs
          ____________________________