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Current Affairs Daily Digest – June 25 2024
1. Govt Appoints Girija Subramanian as CMD of New India Assurance Company
Girija Subramanian has been named head and managing director (CMD) of New India Assurance, India’s biggest general insurer, by the government.
This is her job starting June 19, 2024, and she will keep it until she retires or is told otherwise.
Background in Business
She is a fellow member of the Insurance Institute of India and has a bachelor’s degree in statistics.
She is also a member of the Chartered Insurance Institute in London as an associate member.
In 1988, she started her job as a direct recruit officer at GIC Re.
There, she worked in different reinsurance departments, such as aviation, life, health, and property classes.
She has worked in insurance for over 34 years, so she brings a lot of knowledge to her new job.
2. Anuj Tyagi Appointed MD and CEO of HDFC ERGO General Insurance
Private general insurer HDFC ERGO General Insurance said that Anuj Tyagi will start as its new Managing Director (MD) and Chief Executive Officer (CEO) on July 1, 2024.
Tyagi, who has worked for the company since 2008 and is now Deputy MD, will take over for Ritesh Kumar, who has been MD and CEO since 2008.
All the appropriate regulatory approvals have been given for this change in leadership.
Change of Leadership
Tyagi was hired after a choice was made by the board. This is a big change in the way the company is run.
From October 4, 2024, Ritesh Kumar will move to ERGO International and become its new Deputy Chief Operating Officer (COO). He will join the company’s Board of Management.
Kumar will focus on growing the business in Asian countries like China, Thailand, and Singapore, as long as the company gets the necessary administrative approvals and the Supervisory Board of ERGO International agrees.
The board’s acknowledgment
Chairman of the Board Keki M. Mistry thanked Kumar for his 16 years of leadership and talked about how he had changed the company’s brand and place in the market.
Mistry also showed faith in Tyagi’s ability to run the business by highlighting the important things he had done over the years in jobs such as reinsurance, underwriting, claims, technology, people functions, and sales channels.
3. Rohit Sharma Becomes First Batter to Hit 200 Sixes in T20Is
Over 200 sixes were hit by Rohit Sharma in a T20I match against Australia at the Daren Sammy National Cricket Stadium in St. Lucia on June 24.
Sharma was the first player in T20I history to do so. Rohit hit eight sixes and a 92 off of 41 balls, bringing his total number of sixes in the fastest version of the game to 203.
The record books now list Rohit.
As was already said, Rohit is the first hitter in T20I history to hit 200 sixes. In this style, only one other batter has more than 150 high hits.
Martin Guptill of New Zealand is second in the T20I sixes list, with 173. Surya Kumar Yadav (129) and Virat Kohli (121) are the only Indians to have hit more than 100 sixes in T20Is.
4. SBI Distributes Rs 6,959 Crore Dividend to Government
The Indian government got a dividend of Rs 6,959 crore from the State Bank of India (SBI) for the financial year 2023–24. This is a big financial move.
The payment went up from Rs 11.30 per share last year to Rs 13.70 per share this year.
The dividend check was given to Finance Minister Nirmala Sitharaman by SBI Chairman Dinesh Kumar Khara. Financial Services Secretary Vivek Joshi was also there. For the year, SBI had a record combined net profit of Rs 67,085 crore, up from Rs 55,648 crore the year before.
Presentation of Dividends
The dividend check was given to Finance Minister Nirmala Sitharaman by SBI Chairman Dinesh Kumar Khara, who was with Financial Services Secretary Vivek Joshi.
The Finance Ministry confirmed getting it in a letter on X.
5. International Day of the Seafarer 2024 – June 25
The International Day of the Seafarer is held every year on June 25. The International Maritime Organization (IMO) set up this day in 2010 to honor the important part that sailors play in our lives and the world economy.
Why We Honor How Important Seafarers Are
Did you know that more or less everything we use has been shipped by sea? People who work at sea make sure that everything we wear and eat gets to us safely.
They are the unsung stars of trade around the world.
On Day of the Seafarer, we can say “thank you” to these people who work hard.
We appreciate what they do for the world economy and society, as well as the risks they take and the things they give up for their jobs.
