LIC Announces Cessation of Four Senior Management Officials Effective December 31, 2025

Life Insurance Corporation of India (LIC) has announced the cessation of four officials from its Senior Management Personnel. The superannuation will be effective from December 31, 2025, after the clo...

Life Insurance Corporation of India (LIC) has announced the cessation of four officials from its Senior Management Personnel. The superannuation will be effective from December 31, 2025, after the close of office hours. The officials include Shri Rajesh Ailawadi, Executive Director (Legal); Smt Bichitra Mahapatra, Executive Director (Right to Information); Shri Rajesh Kumar, Director, Zonal Training Centre, Gurugram; and Shri Jaideep Chaudhuri, Principal, Zonal Training Centre, Jamshedpur. This disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information has been made available on the corporation's website, www.licindia.in.

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Why is Life Insurance Corporation Of India in the news today?

Life Insurance Corporation Of India (LICI) is in the news due to the announcement concerns the planned retirement of senior management personnel, which is a routine event for any organization and does not inherently carry positive or negative implications for the company's operations or financial performance.

Key Management ChangesResignation
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LIC Announces Cessation of Four Senior Management Officials Effective December 31, 2025

December 31, 2025, 10:57 AM

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Life Insurance Corporation of India (LIC) has announced the cessation of four officials from its Senior Management Personnel. The superannuation will be effective from December 31, 2025, after the close of office hours.

The officials include Shri Rajesh Ailawadi, Executive Director (Legal); Smt Bichitra Mahapatra, Executive Director (Right to Information); Shri Rajesh Kumar, Director, Zonal Training Centre, Gurugram; and Shri Jaideep Chaudhuri, Principal, Zonal Training Centre, Jamshedpur.

This disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information has been made available on the corporation's website, www.licindia.in.

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