New Leadership at LIC

MUMBAI: The landscape of India's insurance sector witnesses a significant change as R Doraiswamy assumes the role of CEO & MD at LIC, the country's largest life insurer, on July 14. With a commendable tenure of 39 years at LIC, Doraiswamy's elevation from Managing Director to CEO marks a new chapter for the organization.

A Seamless Transition

Succeeding Sat Pal Bhanoo, who held interim charge following Siddhartha Mohanty's retirement last month, Doraiswamy is set to lead LIC for a term of three years. His extensive experience and deep understanding of the insurance domain are expected to steer LIC towards new heights.

Looking Ahead

As LIC embraces this leadership transition, stakeholders are keenly watching the strategic directions Doraiswamy will undertake to enhance the insurer's market position and customer service excellence.