Royal Sundaram group chairman G.K. Raman dead
Chennai, Aug. 27 (PTI): G K Raman, Chairman of Royal Sundaram Alliance Insurance Company, died of cardiac arrest at Puttaparthi today.
A former managing director of Sundaram Finance, Raman (76) had gone to Puttaparthi for a darshan of Sai Baba when he collapsed. He was rushed to a hospital where he was declared brought dead, company sources said.
Born on September 9,1931, G K Raman began his career as a lawyer joining the Madras Motor and General Insurance Company Ltd in 1958, where he served till its nationalisation in 1971.
He then moved onto Sundaram Finance and served as the Managing Director of the company. Then he became the first Chairman of Royal Sundaram Alliance Insurance Company, a position he held till his demise.
Raman had also served on various committees set up by the RBI and the Insurance Regulatory and Development Authority.
He is survived by wife, a son and a daughter.
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