The insurance regulator has sought to align the tenure of MDCEO and whole-time directors( WTDs) of insurance companies with the Reserve Bank of India( RBI) stipulation in this regard....
In the exposure draft the regulator has said that the post of MDCEO, or WTDs cannot be held by an incumbent for more than 15 years....
Also, if the MDCEO, or WTD is a promoter or a major shareholder( holding more than 5 per cent) of the insurance company then he cannot hold those posts beyond 12 years....
经济
商业标准报-经济和政策
2022-01-04 00:00:00.0