LIC ropes in 6 independent directors to meet corporate governance norms

IPO-bound Life Insurance Corporation of India (LIC) last month appointed six independent directors on its board to meet regulatory norms of corporate governance. LIC reportedly appointed ex-Financial Services Secretary Anjuly Chib Duggal, ex-SEBI member G Mahalingam, ex-SBI Life Managing Director Sanjeev Nautiyal, and Chartered Accountants MP Vijay Kumar, Raj Kamal, and V S Parthasarathy.