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R Doraiswamy takes over as MD & CEO of LIC

By IndianMandarins- 15 Jul 2025
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New Delhi (15.07.2025): R Doraiswamy has taken over as Managing Director (MD) and Chief Executive Officer (CEO) of the Life Insurance Corporation (LIC). Union Finance Ministry issued a formal notification in this regard confirming the appointment.

Doraiswamy will hold this position of MD and CEO for a period of three years or until he reaches the age of 62 i.e. August 28, 2028 whichever comes first. Last month, Financial Services Institutions Bureau had recommended Doraiswamy for this position after examining four candidates based on performance, experience and other criteria.

This is to recall that Life Insurance Corporation (LIC) redesignated its chairman as CEO and Managing Director with effect from June 30, 2024.

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