United India Insurance gets new CMD

CHENNAI, Oct 20: Mr Milind Kharat has assumed charge as� the Chairman-cum-Managing Director of United India Insurance� Company Limited.Prior to his posting as UII CMD, he was serving as the CMD� of Agriculture Insurance Company of India Limited, New Delhi.Mr Kharat is a Post Graduate in Economics from University� of Bombay and a LLB. He is also a fellow of the Insurance� Institute of India.He began his career as a Direct Recruit Officer of 1979� batch of General Insurance Corporation of India and has� subsequently held different positions at various levels� with diverse profiles including Divisional Manager, Senior� Divisional Manager, Regional In charge, among others in New� India Assurance Company.Mr Kharat had two stints of international postings in Fiji� Islands and Tokyo, Japan, a release from UII said today.He had won awards for his excellent performance during his� tenure at Fiji as Chief Manager from 1995 to 2001. He held� positions as Director of Fiji Reinsurance Corporation and� Chairman of Insurance Council of Fiji and made significant� contributions in revising Fiji�s Insurance Act, 1998.He had also served as Executive Member on National Road� Safety Council of Fiji.Mr Kharat was posted as Chief Executive Officer for Japan� Operations of New India Assurance Company from 2004 to 2007.� He was Executive Committee Member of Foreign Non-Life� Insurance Association of Japan and Member of the Finance� Committee for Celebration of Indo-Japan Friendship Year 2007.He had also served United India Insurance as Director� and General Manager from 2007 to 2011.(UNI)