Usha Sangwan was appointed as the first
woman managing director of the Life Insurance Corporation of India (LIC) by the
Government. She is the first woman
director of LIC in its near six decades of existence.
With this appointment, LIC is set to
function at its full strength of four MDs after almost two years. These would
be S B Mainak, Sushobhan Sarkar, Sangwan and V K Sharma.
Sangwan has a Master's in Economics and
Human Resources from Punjab University
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