Current Affairs - Awards and Honours - Discussion

R Doraiswamy has been recommended by the Financial Services Institutions Bureau (FSIB) for the position of Managing Director and Chief Executive Officer of the Life Insurance Corporation of India (LIC), the country's largest life insurer. With over 38 years of experience at LIC, Doraiswamy has served in various capacities, including operations, marketing, technology, and training. His extensive career background and leadership across critical functions made him the top candidate among four senior LIC executives interviewed on June 11, 2025. The final approval of his appointment now awaits the decision of the Appointments Committee of the Cabinet.