LIC Managing Director T C Suseel Kumar joins Axis Bank board

Private lender Axis Bank on Monday said, “The bank has appointed Managing Director of Life Insurance Corporation of India (LIC), T C Suseel Kumar as a non-executive board member.”

In a regulatory filing, the bank said, “The proposal relating to the appointment of Kumar as the additional non-executive (nominee) director of the bank will be subject to the approval of shareholders at the 26th Annual General Meeting.”