V K Sharma​ is ​ new ​ LIC Chairman

The government on Friday accepted the resignation of Life Insurance Corporation, chairman SK Roy three days before his three-month notice period was to end on September 20. Managing director VK Sharma has been given additional charge as chairman of the Corporation.Roy had unexpectedly put in his papers on June 20 this year without assigning any reasons. The government had then said there was “no pressure” on Roy to resign two years before completing his tenure.A