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Life Insurance Corporation Redesignates Siddhartha Mohanty As CEO and Managing Director

PRIVATEJul 06, 2024almost 2 years ago

Position

Director

Company

Life Insurance Corporation of India

Siddhartha Mohanty
JaipurInsurance

Description

Life Insurance Corporation (LIC) has redesignated Siddhartha Mohanty as CEO and managing director effective from 30th June 2024. It is not yet known if a new chairperson will be appointed.

Company Information

Company

Life Insurance Corporation of India

Location

Jaipur, Rajasthan, India

About

Life Insurance Corporation of India (LIC) is a statutory Corporation established under Section 3 of LIC Act, 1956. It came into existence on 1st September, 1956, with the objective of spreading life insurance more widely, particularly to rural areas. LIC has crossed many milestones in its 67 years of existence and continues to be the dominant life insurer in India.

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