Who is the new Managing Director of LIC?

Ramakrishnan Chander is the new Managing Director of LIC, having taken charge on December 1, 2025.

When did Ramakrishnan Chander become LIC MD?

Ramakrishnan Chander assumed charge as LIC's Managing Director on December 1, 2025.

What is the tenure of the new LIC MD?

Ramakrishnan Chander's tenure as LIC MD is until September 30, 2027, or until further orders.

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Chander Appointed LIC MD

2 Dec, 2025

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Summary

Ramakrishnan Chander assumed charge as LIC's new MD on December 1.
His tenure extends until September 30, 2027, or further orders.
Chander previously served as Executive Director (Investment - Front Office).

Ramakrishnan Chander assumed the position of Managing Director (MD) at the Life Insurance Corporation of India (LIC) on December 1, 2025. His term is effective immediately and will last until September 30, 2027, aligning with his retirement age, or until further directives are issued. This appointment marks a significant step in his career within the organization.

Prior to his elevation, Chander was instrumental as the Executive Director overseeing Investment (Front Office) and served as the Chief Investment Officer. This move follows the earlier appointment of R. Doraiswamy as CEO & MD in July 2025, who was previously an MD.

The leadership at LIC has seen several recent changes. Sat Pal Bhanoo was appointed MD in July 2023, with his tenure set to end on December 31, 2025. Additionally, Dinesh Pant and Ratnakar Patnaik were appointed MDs earlier this year, with their terms commencing on or after June 1, 2025. The corporation's leadership now includes a CEO & MD and four MDs.