The New India Assurance Company Limited announced that Ministry of Finance dated 16th March, 2024 has upgraded Mr. Titus Francis Maliakkel, General Manager & Director & Ms. Smita Srivastava, General Manager & Director to the position of Executive Director on notional basis effective December 21, 2023 (i.e. date of approval of new guidelines) and on actual basis effective 15 March 2024 (the date of approval of ACC), till their retirement in the same company in which they are currently serving, or until further orders, whichever is earlier.