Axis Bank names LIC MD T C Suseel Kumar as board member

Axis Bank

Private lender Axis Bank has appointed Life Insurance Corporation of India (LIC) Managing Director T C Suseel Kumar as its non-executive board member. LIC is one of the promoters of the bank.

Axis Bank

The proposal pertaining to the appointment of Kumar as the additional non-executive (nominee) director of the bank is subject to approval from the shareholders at the 26th Annual General Meeting, said Axis Bank in a regulatory filing.

Also Read: Axis Bank’s former Retail Banking Head Pralay Mondal to join CSB Bank

Kumar was appointed Managing Director of LIC in March 2019.

The Banking & Finance Post is an initiative of Elets Technomedia Pvt Ltd, existing since 2003.
Now, Elets' YouTube channel, a treasure of premier innovation-oriented knowledge-conferences and awards, is also active. To Subscribe Free, Click Here.

Get a chance to meet the Who's who of the NBFCs and Insurance industry. Join Us for Elets FSI Virtual Conclave and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest.