Siddharth Mohanty completes his tenure as MD and CEO of LIC
Shri Siddhartha Mohanty, has completed his tenure as Chief Executive Officer & Managing Director of the Life Insurance Corporation of India, w.e.f., June 07, 2025.
New Delhi: Shri Siddhartha Mohanty, has completed his tenure as Chief Executive Officer & Managing Director of the Life Insurance Corporation of India, w.e.f., June 07, 2025.
Siddhartha Mohanty took charge as Chairperson, LIC of India in April 2023. Before this, he held the post of Managing Director of LIC of India. A Post graduate with a Masters Degree in Arts in Political Science, he has also got his Bachelor’s Degree in Law and a Post Graduate Certification in Business Management.
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He joined LIC, as a Direct Recruit Officer in 1985. During this tenure of more than three and a half decades, he has worked in different capacities and various streams of LIC and has gained rich experience in life insurance Marketing, HR, Legal and Investments.
Amongst the positions he held, most notable were Sr Divisional Manager In charge, Regional Manager of Marketing Vertical, Chief of Investment: Monitoring & Accounting, Executive Director Legal and CEO of LIC Housing Finance Ltd, a listed Associate Company of LIC of India and one of the largest Housing Finance Company in India.
He also chairs the Boards of domestic associate/subsidiaries of LIC of India viz. LIC Housing Finance Ltd, LIC Mutual Fund AMC, LIC Pension Fund Ltd, LIC Cards Services Ltd, as well as the subsidiaries and Joint Venture on foreign lands viz. LIC (International) B.S.C.(c), Bahrain, LIC Lanka Ltd, LIC Nepal Ltd and LIC Singapore Pte.Ltd.
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