Who Is R Doraiswamy, The New Lic Md And Ceo Appointed Till 2028?

The Centre connected Monday appointed R Doraiswamy arsenic nan caller Managing Director and Chief Executive Officer of Life Insurance Corporation of India (LIC), nan country’s largest insurer. His word will tally for 3 years, ending connected August 28, 2028, nan time he turns 62.

The Department of Financial Services issued nan notification pursuing support from nan Appointments Committee of nan Cabinet, headed by nan Prime Minister. Doraiswamy’s assignment comes connected nan proposal of nan Financial Services Institutions Bureau (FSIB), which had projected his sanction connected June 11.

He succeeds Sat Pal Bhanoo, who was appointed interim MD and CEO from June 8 to September 7, 2025, aft nan extremity of Siddhartha Mohanty's word connected June 7.

Doraiswamy brings much than 38 years of acquisition to nan apical role, pinch a divers inheritance spanning operations, marketing, technology, pensions, and security education. 

Before assuming complaint arsenic LIC MD and CEO, Doraiswamy held respective elder positions wrong nan organisation. He served arsenic Executive Director (Information Technology/Software Development), Regional Manager (Marketing/Chief Life Insurance Advisor), and Regional Manager (Pension & Group Schemes) astatine LIC’s Southern Zonal Office successful Chennai. His erstwhile roles besides see Senior Divisional Manager of nan Kottayam Division and Marketing Manager for nan Chennai-I, Thanjavur, and Pune divisions.

He has besides worked arsenic a Research Associate astatine nan National Insurance Academy, Pune, contributing to projects connected Micro Insurance, Insurance Law and Regulations, Product Development, and people creation for Post Graduate Programmes successful Insurance Management and Chartered Financial Planning.

Doraiswamy holds a grade successful Mathematics from Madurai Kamaraj University, is simply a Fellow Member of nan Insurance Institute of India, and a student personnel of nan Institute of Actuaries of India.

LIC, which is listed connected Indian banal exchanges and operates nether nan Ministry of Finance, is led by a CEO and MD, supported by 4 Managing Directors.
 

Published on: Jul 14, 2025 10:00 PM IST