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Mr. S. B. Mathur is a Commerce Graduate and a Fellow Member of the Institute of Chartered Accountants of India and also a Member of the Institute of Cost and Works Accountants of London. He took over as Chairman of Life Insurance Corporation of India in August 2002 and retired in October 2004. He took charge in an era of rapidly falling interest rates and when the insurance sector had been opened up and private sector competition began to make inroads. During the challenging and stressful period he managed to set right a lot of uncertainties and tackled issues that were critical to LIC’s future.
He is presently on the Boards of National Stock Exchange of India Ltd. and ICICI Bank Ltd.
He was appointed as an Additional Director of EID Parry with effect from 24th November 2004 |