Current Affairs Appointments

IDBI Bank Appoints LIC’s Hemant Bhargava As Non-Executive Chairman

Category : Appointments

  IDBI Bank has appointed Hemant Bhargava as non-executive, non-whole timechairman. Bhargava is currently the Chairman (in-charge) and Managing Director of Life Insurance Corporation of India (LIC). The bank stated that Bhargava has been appointed for 3 years or until he continues in his position at LIC. The life insurer is now the majority shareholder in IDBI Bank with a 51%stake.
Source: The Money Control


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