(THE NEWSMAN OF INDIA.COM) by Abul Hasan: On 9th January 2025 THE NEWSMAN OF INDIA.COM had published an exclusive story titled “A Year of Transition and Leadership Change in LIC” (https://thenewsmanofindia.com/a-year-of-transition-and-leadership-change-in-lic/) putting some light on the significant transition in LIC further this year, as four senior officials, pivotal to LIC’s operations, are set to retire, heralding a new era for the company.

If the unconfirmed sources are to be believed then the search for the successors of India’s largest insurer, top level posts has begun. Reportedly Two MDs Sat Pal Bhanoo and R. Doraiswamy has been called for interviews concerning the coveted position of Managing Director (MD) & Chief Executive Officer (CEO).

Upcoming LIC MD Appointments: Key Officers in the Race

Simultaneously with the above, the selection process for two Managing Director (MD) positions, set to fall vacant in May 2024, is reportedly underway. In the process, a list of senior officials has reportedly been shortlisted for interviews, marking a crucial phase in LIC’s leadership transition.

Potential Candidates for MD Interviews

1. Pant, Dinesh – Executive Director (Actuary & Actuarial)
2. Patnaik, Ratnakar – Executive Director (Investment -Front Office) & CIO.
3. Murlidar, K – Executive Director (Digital Marketing).
4. Shekhar, Sudhanshu – Executive Director (IT/SD).
5. Smt.Sulochana, Shobha – Executive Director (New Business & Reinsurance),
6. Ms. G. Bhargavi – Executive Director (Enterprise Risk Management – ERM)
7. Sanoj Kumar – Zonal Manager (I/C) for the Western Zone),
8. R. Chander – Executive Director (SBU – International Operations),

Stay tuned for further updates on LIC’s top management restructuring.