Life Insurance Corporation Of India — Important, 14-07-2025: Updates

LIC has announced the appointment of Shri R Doraiswamy as its new Chief Executive Officer and Managing Director for a three-year term. Previously a Managing Director within the company, Shri Doraiswamy brings over 39 years of extensive experience across operations, marketing, and technology. His background includes leading IT modernization and key business functions. This leadership change means Shri Sat Pal Bhanoo has ceased his CEO & MD powers. The appointment emphasizes continuity and deep operational expertise in this pivotal management role.