whispers in the corridors

The Financial Services Institutions Bureau (FSIB), which oversees the selection of top management in public sector banks, insurance companies, and financial institutions, has invited applications for the post of Chairman-cum-Managing Director (CMD) of General Insurance Corporation of India (GIC Re) on a full-time basis.Applicants must be at least 45 years of age and should have a minimum of two years of residual service, considering 60 years as the age of superannuation, as on October 1, 2025. A graduate degree from a recognised university or an equivalent qualification is mandatory. For internal candidates from public sector insurance companies, eligibility requires at least one year’s service as Executive Director or a total of two years as General Manager or above in a non-life public sector insurance company. External candidates should have at least 21 years of experience, including a minimum of 15 years in the non-life insurance sector (including general or health insurance) of which at least two years must be at the Board level or three years at the highest level below the Board on a substantive basis.The last date for submitting the complete online application is December 1, 2025.
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