CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who has been appointed as the MD & CEO of LIC Mutual Fund?
A
RS Ramakrishnan
B
PS Ramakrishnan
C
TS Ramakrishnan
D
MS Ramakrishnan
Explanation: 

Detailed explanation-1: -T. S. Ramakrishnan (DIN 09515616) has been appointed as Managing Director & Chief Executive Officer of LIC Mutual Fund Asset Management Limited w.e.f. March 01, 2022.

Detailed explanation-2: -Ramakrishnan has experience of over 34 years at LIC and its subsidiaries/associate companies, the release said. He joined LIC Mutual Fund AMC on April 28, 2021.

Detailed explanation-3: -For smooth sailing for the LIC’s listing, its current chairman MR Kumar has got two extensions one from July 2021 to March 2022 and one from April 2022 to March 2023. To enable this, the government amended the LIC (Staff) regulations and increased the superannuation age to 62 for the chairman.

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