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of <h1>Government appoints new CEO for Life Insurance Corporation with three-year term ending August 2028</h1> The government appointed a new managing director and CEO for the state-owned Life Insurance Corporation following cabinet approval. The appointee will serve a three-year term ending in August 2028 upon reaching age 62. The Financial Services Institutions Bureau had recommended the candidate in June. Following the previous CEO's term ending in June, an interim leader was appointed for three months until September 2025. The insurance corporation operates with four managing directors under the CEO's leadership.
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