New Delhi, February 24 FSIB, the headhunter for directors of state-owned banks and financial institutions, recommended Hitesh Rameshchandra Joshi for the post of Chairman-cum-Managing Director (CMD) of GIC-Re on Tuesday.
The Financial Services Institutions Bureau (FSIB) interviewed five candidates for the positions, it said in a statement.
"Taking into account their performance, overall experience, and relevant criteria, the Bureau recommends Hitesh Rameshchandra Joshi for the position of CMD in GIC-Re," it said.
Joshi is currently the Executive Director and acting CMD of GIC-Re.
The final decision on the FSIB recommendations will be taken by the Appointments Committee of the Cabinet, headed by Prime Minister Narendra Modi.
The FSIB is headed by Bhanu Pratap Sharma, former Secretary, Department of Personnel and Training (DoPT).
Other members of the headhunter include the Secretary, Department of Financial Services, the Secretary, Department of Public Enterprises, a member of IRDAI, former LIC Managing Director Usha Sangwan, and former Oriental Insurance Managing Director A V Girija Kumar.
