Management Change1 Jun 2026, 05:01 pm
GIC: Ashwani Kumar Ceases to be Non-Executive Director
AI Summary
Shri Ashwani Kumar (DIN: 10344636) ceased to be a Non-Executive Director on the Board of General Insurance Corporation of India (GIC) effective May 31, 2026. This follows his completion of tenure as MD & CEO of UCO Bank on the same date. Shri Kumar was appointed as Non-Executive Director on the GIC Board for a period of three years, or until his tenure as MD & CEO of UCO Bank, or until further orders, whichever was earliest. The Corporation acknowledged Shri Kumar's contribution and guidance during his tenure.
Key Highlights
- Ashwani Kumar ceased to be Non-Executive Director of GIC on May 31, 2026.
- Cessation follows completion of his tenure as MD & CEO of UCO Bank.
- Kumar's appointment was based on his role at UCO Bank.
- GIC acknowledged Kumar's contribution to the Board.
Price Impact
More from GICRE