Govt appoints two new managing directors to LIC ahead of top level vacancies

Quick Summary:

India Business News: Mumbai: The Centre appointed Dinesh Pant and Ratnakar Patnaik as managing directors of Life Insurance Corporation of India, effective from 1 June 2025.

The appointments come amid an expected reshuffle in LIC’s senior leadership.

LIC, which was listed on Indian stock exchanges in 2022, continues to operate under close oversight from the govt, which remains its majority shareholder.

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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets: India

Topics: LIC leadership appointments Ratnakar Patnaik LIC managing directors LIC actuary LIC stock exchange filing LIC investment strategy LIC senior leadership reshuffle Government appoints MD

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-15 @ 20:21:01 (1 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 530 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 28736382

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