Stories
Lavanya Mundayur Appointed CMD of New India Assurance Until 2029
N
News18•30-09-2026, 19:45
Lavanya Mundayur Appointed CMD of New India Assurance Until 2029
- •The central government has approved the appointment of Lavanya R Mundayur as the Chairman and Managing Director of New India Assurance Company Ltd.
- •Mundayur's tenure as CMD will extend until May 31, 2029.
- •She is currently serving as the CMD of Agriculture Insurance Company of India Ltd (AICIL).
- •The Finance Ministry’s Department of Financial Services issued the order regarding her appointment.
- •Her pay scale will be Rs 2,05,400-Rs 2,24,400.
Key Questions Answered
The central government appointed Lavanya R. Mundayur as the Chairman and Managing Director of New India Assurance Company Ltd.
Her tenure as the CMD of New India Assurance is approved until May 31, 2029.
Before this appointment, she served as the Chairman and Managing Director of the Agriculture Insurance Company of India Ltd (AICIL).
