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Former SBI, RBI and LIC Executives Appointed to Financial Services Bureau
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CNBC TV18•16-10-2026, 22:14
Former SBI, RBI and LIC Executives Appointed to Financial Services Bureau
  • •The government appointed former banking, insurance and regulatory executives to the Financial Services Institutions Bureau (FSIB).
  • •Retired IAS officer S.L.C. Das was named part-time chairman for a three-year term by the Appointments Committee of the Cabinet.
  • •Former SBI managing director Arijit Basu, RBI Central Board former director Satish Kashinath Marathe, and former RBI executive director Ramanathan Subramanian will oversee public sector banks.
  • •Former LIC chairman Siddhartha Mohanty, New India Assurance former chairman Neerja Kapoor, and former IRDAI member T. L. Alamelu will handle public sector insurers.

Key Questions Answered

Retired IAS officer S.L.C. Das has been named the part-time chairman of the Financial Services Institutions Bureau for a three-year term.

The appointments made by the Appointments Committee of the Cabinet will run for three years from the date of notification, unless terminated earlier.

The appointed members for public sector insurers are Siddhartha Mohanty, Neerja Kapoor, and T. L. Alamelu.