Mumbai: The Financial Services Institutions Bureau (FSIB) has put forth the names of Sat Pal Bhanoo and R Doraiswamy as its recommendations for the role of Managing Director at LIC of India, Moneycontrol reported.

FSIB conducted interviews with a total of seven candidates for this position.

"After interfacing with 7 candidates for the positions of MDs in LIC of India on June 06, 2023, the Bureau recommends Sat Pal Bhanoo for the vacancy dated 29.04.2023 and R Doraiswamy for the vacancy dated 01.09.2023, "said an official FSIB announcement.

FSIB has also recommended M Rajeshwari Singh for the position of Chief Managing Director (CMD) at NICL (National Insurance Company Limited) and Ramaswamy Narayanan as CMD at GIC (General Insurance Corporation of India).