State-owned Life Insurance Corporation (LIC) today said the government has appointed Sushobhan Sarker as managing director with immediate effect.
Sarker had joined LIC as a probationary direct recruit in 1978 and has handled portfolios relating to insurance, marketing and investment.
Prior to his elevation, he was executive director (international operations) handling LIC's global business in Fiji, Mauritius, Kenya, Nepal, Saudi Arabia, Bahrain (covering GCC counties), UK, Sri Lanka and Singapore.
He had also served as director and chief executive officer of LIC Mutual Fund Asset Management Company.