Girija Subramanian appointed as new CMD of New India Assurance

 Girija Subramanian, Chief Managing Director of Agriculture Insurance Company (AIC) has taken over as the CMD of New India Assurance (NIA).

 The appointment of Ms. Subramanian as the new CMD of NIA after the approval from the Appointments Committee of Cabinet (ACC) under the Ministry of Finance.

Subramanian, who had started her career as an officer in General Insurance Company in 1988, will have a tenure up to July 26 at NIA. She had joined AIC in Sept 2022.

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The position of CMD of NIA became vacant after Neerja Kapur retired at the end of April. Subramanian participated in an interview with other eligible general managers in March, which was organized by the government's head-hunting agency, FSIB. The agency was responsible for selecting officials above executive directors in the PSU banks and insurers to be appointed as CMD of NIA.

For the first time, a serving CMD of a state-owned insurance company appeared for the interview to select a CMD of another state-owned insurer.

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