News From Press Centre appoints Sat Pal Bhanoo as LIC’s interim CEO, MD for 3 months

Centre appoints Sat Pal Bhanoo as LIC’s interim CEO, MD for 3 months

Source: Financial Express Jun 8, 2025

The Government has appointed LIC Managing Director Sat Pal Bhanoo to the role of CEO and MD for three months starting Sunday. The announcement came hours after Siddhartha Mohanty completed his tenure at the helm and efforts remain to secure a more permanent replacement. The instructions were conveyed to the Life Insurance Corporation of India through a letter from the Ministry of Finance on Saturday.

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