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Who was appointed as the Chief Executive Officer(CEO) of Life Insurance Corporation (LIC) Mutual Fund recently?
  • a)
    Girish Chandra Murmu
  • b)
    Subhash Chandra Garg
  • c)
    Vipin Anand
  • d)
    Dinesh Pangtey
  • e)
    None of these
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Who was appointed as the Chief Executive Officer(CEO) of Life Insuranc...
Former Director and Chief Executive Officer at LIC HFL (Housing Finance Ltd) AMC (Asset Management Company), Dinesh Pangtey has been appointed as Chief Executive Officer(CEO) of Life Insurance Corporation (LIC) Mutual Fund. He succeeds Shri Raj Kumar. He has 35 years of experience across various sectors like insurance sector, private equity, life, pension and group superannuation scheme.He strategized the setting up of the new fund under SEBI AIF platform & directly raised 92 per cent of the base corpus. The fund is poised soon to exhaust the greenshoe option and close at Rs 1000 Cr.
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Who was appointed as the Chief Executive Officer(CEO) of Life Insuranc...
Dinesh Pangtey was appointed as the Chief Executive Officer (CEO) of Life Insurance Corporation (LIC) Mutual Fund recently.

Explanation:

LIC Mutual Fund is a subsidiary of Life Insurance Corporation of India (LIC), which is the largest insurance company in the country. The company offers a variety of mutual fund schemes to investors.

Here are the details regarding the appointment of Dinesh Pangtey as the CEO of LIC Mutual Fund:

Appointment of Dinesh Pangtey:
- Dinesh Pangtey was appointed as the Chief Executive Officer (CEO) of LIC Mutual Fund.
- The appointment was announced recently by the company.
- Dinesh Pangtey brings with him a wealth of experience in the insurance and financial services sector.
- He has been associated with LIC for over 35 years and has held various key positions in the company.
- Prior to his appointment as the CEO of LIC Mutual Fund, Pangtey served as the Executive Director (Investment Operations) at LIC.

Responsibilities of the CEO:
- As the CEO of LIC Mutual Fund, Dinesh Pangtey will be responsible for leading the company and driving its growth and expansion plans.
- He will oversee the overall operations of the mutual fund and work towards achieving the company's strategic objectives.
- Pangtey will also play a crucial role in managing the company's investment portfolio and ensuring the best possible returns for the investors.

Importance of the Appointment:
- The appointment of Dinesh Pangtey as the CEO of LIC Mutual Fund is significant for the company as it will bring in leadership and domain expertise.
- Pangtey's extensive experience in the insurance industry and his deep understanding of the financial services sector will be valuable in steering the company towards success.
- With his appointment, LIC Mutual Fund aims to strengthen its position in the market and expand its investor base.
- Pangtey's leadership and vision will be instrumental in driving the growth and profitability of the company.

In conclusion, Dinesh Pangtey has been appointed as the CEO of LIC Mutual Fund. His appointment is expected to bring in leadership and expertise to the company and help in achieving its strategic objectives.
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Who was appointed as the Chief Executive Officer(CEO) of Life Insurance Corporation (LIC) Mutual Fund recently?a)Girish Chandra Murmub)Subhash Chandra Gargc)Vipin Anandd)Dinesh Pangteye)None of theseCorrect answer is option 'D'. Can you explain this answer?
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Who was appointed as the Chief Executive Officer(CEO) of Life Insurance Corporation (LIC) Mutual Fund recently?a)Girish Chandra Murmub)Subhash Chandra Gargc)Vipin Anandd)Dinesh Pangteye)None of theseCorrect answer is option 'D'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Who was appointed as the Chief Executive Officer(CEO) of Life Insurance Corporation (LIC) Mutual Fund recently?a)Girish Chandra Murmub)Subhash Chandra Gargc)Vipin Anandd)Dinesh Pangteye)None of theseCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Who was appointed as the Chief Executive Officer(CEO) of Life Insurance Corporation (LIC) Mutual Fund recently?a)Girish Chandra Murmub)Subhash Chandra Gargc)Vipin Anandd)Dinesh Pangteye)None of theseCorrect answer is option 'D'. Can you explain this answer?.
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