Raj Kumar's Exit as LIC Nominee Director from IDBI Bank

Shri Raj Kumar has ceased to be LIC Nominee Director on the Board of IDBI Bank Limited with effect from May 18, 2025 on completion of his term, the bank has informed through exchange filing.
Mr. Raj Kumar has four decades of strategic leadership and operational experience in life insurance industry and is an Ex-Managing Director of LIC. He joined LIC in the year 1984 as an apprentice officer and has experience in the insurance sector.
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He has also served as the chief executive officer of LIC Mutual Fund Asset Management Limited and was also the zonal manager, Bhopal, executive director (estate and office services), Mumbai, amongst others, of LIC. He was also the senior divisional manager of Gorakhpur and Jaipur divisions of LIC.
He has been conferred with “Most Influential Human Resource Officer in Asia" an Award by CHRO, Asia. He has expertise in HR, Marketing, Business Management, Administration and Corporate Governance.
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