Geojit Announces Appointment of Alice G. Vaidyan to the Board

Geojit Financial Services Ltd on 4th August 2020 announced the appointment of 0Alice G. Vaidyan as Independent Non- Executive Director to the Company's Board of Directors. Ms Vaidyan has the distinction of being the first lady officer to assume the post of Chairman-cum-Managing Director (CMD) of General Insurance Corporation of India and the first lady CMD in the Indian general insurance industry. She has over 36 years of experience and is considered to be one of the foremost insurance experts globally.

Ms Vaidyan started her career with New India Assurance Co. Ltd in 1983. She moved to General Insurance Corporation in 2008 as Deputy General Manager, was promoted to Chairman & Managing Director in 2016 and retired last year.

Speaking on the appointment of Ms Vaidyan to the Board, Mr C J George, Founder and Managing Director of Geojit said, "We are delighted to welcome Alice Vaidyan to the Board of Geojit. She brings her rich experience and immense knowledge to the Board and we look forward to her valuable contribution to the benefit of the company."

Shares of Geojit Financial Services Ltd was last trading in BSE at Rs.39.15 as compared to the previous close of Rs. 37.3. The total number of shares traded during the day was 27043 in over 274 trades.

The stock hit an intraday high of Rs. 39.5 and intraday low of 38.05. The net turnover during the day was Rs. 1047878.

Source : Equity Bulls

Keywords