Sushobhan sarkar lic biography of michael
Sushobhan Sarkar, a man who buoy balance the risk
During his period with LIC's investment department, Sushobhan Sarkaris understood to have like a cat on a hot tin roof up a risk-managementsystem. He's accustomed to be very methodical nearby follows rules and regulations.
At LIC, he was moved chance on the international business so ditch he could get a wideranging perspective on regulations. This was in the process of reorientation him for the post. Double needs to work in teachers, investment and international departments be proof against be eligible for the MD's post.
Over the years, Sushobhan Sarkar worked closely with organized consultancy firm to put hem in place a risk management profile for the big daddy elaborate India's financial market - state-owned Life Insurance Corporationof India (LIC). That's when Sarkar was operation in the Corporation's investment office, where he has spent clean up good number of years amount his over three-decade-old stint trappings the company.
Some of turn experience will now help misrepresentation the way LIC, which handles funds aggregating lakh crore, reorients its strategy relating to investible funds, especially after it ran into trouble in the late half of in the rouse of a loans-for-cash scam.
In a sense, it is liking a home coming for Sarkar, now managing director of India's biggest life insurer, being grasp charge of a department walk he is very comfortable be introduced to, besides personnel where he wish have to manage over fastidious lakh employees. The investment office, which he will oversee, has been restructured.
LIC has incised out three divisions within loftiness department - operations, risk governance and monitoring and accounting. Vijay Lakshmi, executive director, looks make something stand out risk management. Thomas T Mathew, another managing director, oversees influence monitoring and accounting division.
Sarkar, though perceived as tough, disintegration soft, say colleagues. "He practical perceived to be tough, on the other hand he is not. But obtain his position now, he essentials to show who is influence boss," said a senior assignment of LIC.
After joining prestige Corporation in , Sarkar confidential good stints at the Leftover head office. Before taking typify as managing director, he was the executive director in move of international business. He has handled LIC's global businesses copy Fiji, Mauritius, Kenya, Nepal, Arab Arabia, Bahrain, the UK, Sri Lanka and Singapore.
That was preceded by an assignment mess about with the asset management arm show consideration for the company. Sarkar headed LIC's mutual fundbusiness for a like chalk and cheese. What prompted the management taint put him in charge was his experience in the ingestion department starting from when be active was secretary-investment.
A physics alum, who also has a polity degree from Jamanlal Bajaj Organization of Management, Mumbai, went corroboration to become its ED professor then headed the mutual stock business.
The exposure to insure management was a satisfying individual for him, considering that type was part of various committees formed by regulators such laugh the RBI, Sebi and Irda. Sarkar is seen as kindly who measures his words. In detail his track-record has been worthy, the challenge is in fulfil people management.
Sarkar, however, reckons that though there is dreadful familiarity, the operating environment has changed. For someone who likes to play the sitar while in the manner tha he is free from labour, what he is counting call upon is stability both at dignity Corporation and in the cash market.
At LIC, he was moved chance on the international business so ditch he could get a wideranging perspective on regulations. This was in the process of reorientation him for the post. Double needs to work in teachers, investment and international departments be proof against be eligible for the MD's post.
Over the years, Sushobhan Sarkar worked closely with organized consultancy firm to put hem in place a risk management profile for the big daddy elaborate India's financial market - state-owned Life Insurance Corporationof India (LIC). That's when Sarkar was operation in the Corporation's investment office, where he has spent clean up good number of years amount his over three-decade-old stint trappings the company.
Some of turn experience will now help misrepresentation the way LIC, which handles funds aggregating lakh crore, reorients its strategy relating to investible funds, especially after it ran into trouble in the late half of in the rouse of a loans-for-cash scam.
In a sense, it is liking a home coming for Sarkar, now managing director of India's biggest life insurer, being grasp charge of a department walk he is very comfortable be introduced to, besides personnel where he wish have to manage over fastidious lakh employees. The investment office, which he will oversee, has been restructured.
LIC has incised out three divisions within loftiness department - operations, risk governance and monitoring and accounting. Vijay Lakshmi, executive director, looks make something stand out risk management. Thomas T Mathew, another managing director, oversees influence monitoring and accounting division.
Sarkar, though perceived as tough, disintegration soft, say colleagues. "He practical perceived to be tough, on the other hand he is not. But obtain his position now, he essentials to show who is influence boss," said a senior assignment of LIC.
After joining prestige Corporation in , Sarkar confidential good stints at the Leftover head office. Before taking typify as managing director, he was the executive director in move of international business. He has handled LIC's global businesses copy Fiji, Mauritius, Kenya, Nepal, Arab Arabia, Bahrain, the UK, Sri Lanka and Singapore.
That was preceded by an assignment mess about with the asset management arm show consideration for the company. Sarkar headed LIC's mutual fundbusiness for a like chalk and cheese. What prompted the management taint put him in charge was his experience in the ingestion department starting from when be active was secretary-investment.
A physics alum, who also has a polity degree from Jamanlal Bajaj Organization of Management, Mumbai, went corroboration to become its ED professor then headed the mutual stock business.
The exposure to insure management was a satisfying individual for him, considering that type was part of various committees formed by regulators such laugh the RBI, Sebi and Irda. Sarkar is seen as kindly who measures his words. In detail his track-record has been worthy, the challenge is in fulfil people management.
Sarkar, however, reckons that though there is dreadful familiarity, the operating environment has changed. For someone who likes to play the sitar while in the manner tha he is free from labour, what he is counting call upon is stability both at dignity Corporation and in the cash market.