facebook pixel
chevron_right Business
transparent transparent
Ex-LIC chief S B Mathur to head IL&FS board, will replace Hemant Bhargava
S B Mathur, former chairman of Life Insurance Corporation (LIC), will be the new chairman of Infrastructure Leasing & Financial Services (IL&FS), which is facing a liquidity crisis. He will replace Hemant Bhargava, LIC's managing director, who was also serving as non-executive chairman at IL&FS since July. Bhargava stepped down from the IL&FS board to avoid conflict of interest in view of his responsibility as the incharge of investment at the state-owned insurance company, sources said.
For the best experience use Awesummly app on your Android phone
Awesummly Chrome Extension Awesummly Android App