United India Insurance and Oriental Insurance have been without heads for quite some time, from June last year to be precise. Therefore, the government is taking steps to fill up the Chairman position of these companies soon.
While interviews were proposed to be held last year for the CMD posts, the Finance Ministry subsequently canceled them without citing any reason.
Both Oriental Insurance and United India Insurance have appointed officiating chairpersons since the previous incumbents retired.
The final appointments could be made as early as mid-March, said officials. Executives from the public sector insurers who had applied earlier may be called for interviews. In the public sector entities, the appointments committee of the Cabinet (ACC) takes a final call on top management appointments.