INSUBCONTINENT EXCLUSIVE:
LIC IPO News: LIC seeks to appoint CFO before end of fiscalState-backed Life Insurance Corp of India (LIC) is seeking to appoint a chief
financial officer, according to a notification on its website, ahead of an initial public offering slated before the end of the fiscal
year.The move to hire a CFO follows a decision to re-designate LIC's top job to chief executive officer from chairman earlier this
year.LIC is currently under going a valuation exercise for an IPO that could be India's biggest ever as the government seeks to raise
March.Recently, government appointed ten investment banks including Goldman Sachs, Citigroup and SBI Capital Market to handle the offering.
