LIC appoints Ratnakar Patnaik, Dinesh Pant as managing directors

Life Insurance Corporation of India

Life Insurance Corporation of India on May 15 appointed Ratnakar Patnaik and Dinesh Pant as the managing directors (MDs) with effect from June 1.

They will take over from Jagannath Mukkavilli and Tablesh Pandey who superannuate at the end of the month .

Pant, who works in LIC as the Actuary & Executive Director (Actuarial) and key managerial personnel, will serve as MD till May 31, 2027, the life state-owned insurer said.

Patnaik will have a longer tenure, till March 31, 2028, till his superannuation or until further orders, whichever is earlier.

Patnaik is the executive director (investment-front office) and chief investment officer and a key managerial personnel.

Besides CEO & MD, LIC top deck includes four managing directors.