Satpal Bhanu to take charge of Managing Director, LIC in a few days

Satpal Bhanu, who is functioning as Zonal Manager, LIC, Central Zone will take over as Managing Director in Mumbai in the next couple of days. He was recently promoted to the post of MD and Whispers In The Corridors had broken the news first-of-all. He is going to take charge in a few days. He has been promoted from the post of Executive Director to the post of Managing Director. Executive Director and Zonal Manager posts are in the same cadre. It is worth underlining that Managing Director is one of the most prestigious and top posts in Life Insurance Corporation of India (LIC) and in fact, it is the highest cadre post in the organization.