Life Insurance Corporation (LIC) is continuing with its trend to place female employees in a bigger role. The trend began with the appointment of Usha Sangwan, who was the first female Managing Director a couple of years ago.
The insurance behemoths elevated two more women to top level in 2015-16. While Sarojini Dikhale has taken over as Chief Executive of LIC, Nomura Mutual Fund; Mini Ipe has been elevated as head of LIC Housing Finance.