Siddhartha Mohanty set to take over as Managing Director of LIC w.e.f Feb 1, 2021

⛔️Siddhartha Mohanty set to take over as Managing Director of LIC w.e.f Feb 1, 2021

The Appointments Committee of the Cabinet has approved the appointment of Siddhartha Mohanty as the new managing director (MD) of Life Insurance Corporation (LIC). He will assume charge with effect from February 1, 2021, till his superannuation on June 30, 2023. He will replace TC Suseel Kumar, who will retire on January 31, 2021.

📕About Life Insurance Corporation (LIC)

Chairperson: M R Kumar

Founder: Government of India

Founded: 1 September 1956

Headquarters: Mumbai