According to news platform The Hindu, the Indian government has appointed to Life Insurance Corporation of India (LIC) Mr Dinesh Pant and Mr Ratnakar Patnaik to the posts of managing directors, effective on or after 1 June.
Mr Pant is presently the appointed actuary and executive director (actuarial) of LIC. He will serve as managing director until his superannuation on 31 May 2027 or until further orders, whichever is earlier.
Mr Patnaik is presently executive director (investment – front office) and CIO of LIC. He will be managing director until his superannuation on 31 March 2028 or until further orders, whichever is earlier.