SK Roy, who recently resigned, was the chairman of which government-owned corporation?
SK Roy, who recently resigned, was the chairman of which government-owned corporation?
[A]Insurance Regulatory and Development Authority
[B]Life Insurance Corporation of India
[C]Telecom Regulatory Authority of India
[D]Bharat Sanchar Nigam Limited
Life Insurance Corporation of India
S K Roy, the chairman of Life Insurance Corporation of India, has recently resigned from the post two years before his term end. The reasons for his resignation are not known. Roy, who took charge as chairman of the India’s largest insurer on June 29, 2013, was appointed by the previous United Progressive Alliance (UPA) government. Under his leadership, LIC has stuck to its traditionally cautious investment approach. The state-run insurer is the largest single investor in stocks in India and holds close to 18 trillion rupees ($267.25 billion) in assets.