General Insurance Corporation of India Management
Management criteria checks 1/4
We currently do not have sufficient information about the CEO.
Key information
Ramaswamy Narayanan
Chief executive officer
₹2.5m
Total compensation
| CEO salary percentage | 77.6% |
| CEO tenure | less than a year |
| CEO ownership | n/a |
| Management average tenure | 1.1yrs |
| Board average tenure | 1.5yrs |
Recent management updates
Recent updates
Here's Why We Think General Insurance Corporation of India (NSE:GICRE) Might Deserve Your Attention Today
Apr 15
There's No Escaping General Insurance Corporation of India's (NSE:GICRE) Muted Earnings Despite A 30% Share Price Rise
Feb 06General Insurance Corporation of India's (NSE:GICRE) Business And Shares Still Trailing The Market
Dec 20Here's Why General Insurance Corporation of India (NSE:GICRE) Has Caught The Eye Of Investors
Oct 25Why We Think Shareholders May Be Considering Bumping Up General Insurance Corporation of India's (NSE:GICRE) CEO Compensation
Sep 20General Insurance Corporation of India's (NSE:GICRE) Stock Price Has Reduced 65% In The Past Three Years
Dec 21Factors Income Investors Should Consider Before Adding General Insurance Corporation of India (NSE:GICRE) To Their Portfolio
Sep 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹68b |
| Sep 30 2023 | n/a | n/a | ₹66b |
| Jun 30 2023 | n/a | n/a | ₹72b |
| Mar 31 2023 | ₹2m | ₹2m | ₹69b |
Compensation vs Market: Ramaswamy's total compensation ($USD29.70K) is below average for companies of similar size in the Indian market ($USD573.24K).
Compensation vs Earnings: Insufficient data to compare Ramaswamy's compensation with company performance.
CEO
Ramaswamy Narayanan
less than a year
Tenure
₹2,475,760
Compensation
Shri Ramaswamy Narayanan served as General Manager of General Insurance Corporation of India since September 30, 2022 until October 1, 2023 and serves as Chairman & Managing Director since October 1, 2023....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Chairman | less than a year | ₹2.48m | no data | |
| Chief Financial Officer | no data | ₹4.86m | no data | |
| Chief Investment Officer & Deputy GM | 2.8yrs | ₹4.32m | no data | |
| Chief Risk Officer | no data | ₹4.76m | no data | |
| Chief Marketing Officer & Deputy GM | 2.1yrs | ₹5.18m | no data | |
| Appointed Actuary of Non Life Insurance | 3.8yrs | ₹8.37m | no data | |
| Company Secretary & Chief Compliance Officer | less than a year | no data | no data | |
| Chief Vigilance Officer | 1.4yrs | no data | no data | |
| Chief Information Security Officer & Deputy GM | 1.2yrs | no data | no data | |
| Chief Underwriting Officer | less than a year | no data | no data | |
| General Manager | 1.1yrs | no data | no data | |
| Appointed Actuary - Life Reinsurance Business | less than a year | no data | no data |
1.1yrs
Average Tenure
Experienced Management: GICRE's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Chairman | less than a year | ₹2.48m | no data | |
| Government Nominee Director | 1.3yrs | no data | no data | |
| Director | 1.7yrs | no data | no data | |
| Independent Part-Time Non-Official Director | 2.4yrs | no data | no data | |
| Independent Part Time Non-Official Director | 2.2yrs | no data | no data | |
| Independent Part-Time Non-Official Director | 1.2yrs | no data | no data |
1.5yrs
Average Tenure
Experienced Board: GICRE's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.