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  • LIC re-designates Chairman Siddhartha Mohanty as CEO and MD

    In his nearly four decades in LIC, Mohanty has held several key positions, including Chief Operating Officer and Chief Executive Officer of LIC Housing Finance.

  • Government appoints Siddhartha Mohanty as LIC Chairman

    Government appoints Siddhartha Mohanty as LIC Chairman

    Mohanty, who is one of the four managing directors at LIC, was already named as interim chairman in March for three months.

  • Siddhartha Mohanty appointed as LIC's interim chairman for 3 months after MR Kumar's term ended

    Siddhartha Mohanty appointed as LIC's interim chairman for 3 months after MR Kumar's term ended

    The life insurance company said that MR Kumar, the LIC's current chairman, has not been given an extended term.

  • A private sector chief for LIC may not be an easy deal

    A private sector chief for LIC may not be an easy deal

    The key to a change in LIC's fortunes lies not in bringing in outside talent, but in giving its management a completely free hand 

  • LIC keen to re-enter mediclaim segment, awaiting regulatory clarity: Chairman

    LIC keen to re-enter mediclaim segment, awaiting regulatory clarity: Chairman

    "We are already doing a lot of long-term health protection and guaranteed health products," said LIC Chairman M R Kumar

  • LIC listing | Stock settles at Rs 872 on BSE, 8% lower than issue price

    LIC listing | Stock settles at Rs 872 on BSE, 8% lower than issue price

    At closing, the stock settled at Rs 872.70 on BSE, down 8.04 percent from its previous close while its mcap stood at Rs 5.52 trillion. With this listing, the policyholders and employees also saw their investment turning into negative.

  • LIC IPO: Insurer to focus on boosting policyholders’ returns, says chairman

    LIC IPO: Insurer to focus on boosting policyholders’ returns, says chairman

    The insurance behemoth will try to arrest its market share loss, ramp up its digital channels and make tactical tweaks on equity investments to please policyholders, Chairman MR Kumar says

  • IPO-bound LIC chairman's tenure extended for 1 year

    IPO-bound LIC chairman's tenure extended for 1 year

    With the extension, MR Kumar will continue as chairman of LIC till March 2023 or till he attains the age of superannuation.

  • Exclusive | Will emerge stronger and more competitive post IPO: LIC Chairman MR Kumar

    Exclusive | Will emerge stronger and more competitive post IPO: LIC Chairman MR Kumar

    The public insurer is readying itself for higher compliance and answerability to minority shareholders post the listing, says Kumar

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