LIC gets new executive officials on Board; Check Here

State-Insurance Giant, Life Insurance Corporation gets new approval for officials. The Appointments Committee of the Cabinet (ACC) has approved the following proposals of the Department of Financial Services:

Appointment of Shri Dinesh Pant (DOB: 06.05.1967), Appointed Actuary and Executive Director (Actuarial), Central Office, Mumbai as Managing Director (MD), LIC of India in the pay scale of Rs. 2,05,400/- to Rs. 2,24,400/- with effect from the date of assumption of charge of office on or after 01.06.2025 and upto the date of his superannuation (i.e. 31.05.2027), or until further orders, whichever is earlier;

Appointment of Shri Ratnakar Patnaik (DOB: 24.03.1968), Executive Director (INVT - Front Office & CIO), Central Office, Mumbai as Managing Director (MD), LIC of India in the pay scale of Rs. 2,05,400/- to Rs. 2,24,400/- with effect from the date of assumption of charge of office on or after 01.06.2025 and upto the date of his superannuation (i.e. 31.03.2028), or until further orders, whichever is earlier.