Board Of Directors

( Appointed on 26.03.2023 )Shri Siddhartha Mohantyr, took charge as Chairperson, LIC of India on 14th March, 2023.
Prior to that 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.

(Appointed on 18.06.2025) Shri Ratnakar Patnaik has taken charge as Managing Director of Life Insurance Corporation of India on 1st, June 2025. Prior to taking charge as the Managing Director, he was Executive Director (Investment- Front Office) & Chief Investment Officer.

( Appointed on 01.09.2017 Re-appointed on 01.09.2021) Mr. Ashok Agrawal, a commerce graduate, is the Managing Director of Vishal Group of companies and also is Director of Bank of Asia Nepal Ltd., LIC (Nepal), Prudential Insurance Company Ltd., Mainawati Steel Industries Pvt. Ltd. and Global Trading House Ltd.

(Appointed on 09.06.2023) Mr. Pranay Kumar has taken over the charge of Chief Executive Officer and Board Member of Life Insurance Corporation (Nepal) Limited from 9th June 2023. He has been given this charge on deputation as expatriate officer by L.I.C. of India.

(Appointed on 30th September, 2021) Shri Praveen Kumar Molri joined LIC of India in 1985 and worked in various capacities through the long stint of more than 34 years.

Mrs. Komal Agrawal has taken over the charge of Public Director effective from 2077 Falgun 26 (10th March 2021) after unanimously elected as Public Director from 18th AGM of the Company.