Life Insurance Corporation of India (LIC) has officially confirmed the extension of the term for its Chief Financial Officer, Shri Sunil Agarwal. The reappointment will ensure continuity in the corporation’s financial leadership for an additional year. This extension is effective immediately and secures Mr. Agarwal’s tenure until March 01, 2027, reflecting confidence in his ongoing leadership.
Extension of Key Executive Tenure Confirmed
Life Insurance Corporation of India (LIC) has issued a formal disclosure regarding the tenure of one of its key managerial personnel. The board has approved the extension of the term for Shri Sunil Agarwal, who serves as the Chief Financial Officer of the Corporation.
New Tenure Details
The extension granted to Shri Sunil Agarwal is for a further period of one year. This continuation of service is effective until March 01, 2027. This decision ensures stability in the top financial management of the Corporation for the upcoming fiscal year.
Compliance and Disclosure
This information has been duly recorded and made public by the Company Secretary & Compliance Officer, (Anshul Kumar Singh), as of the date of the letter, March 02, 2026. The intimation, along with all necessary filings, has also been made available on the official LIC website, www.licindia.in, for stakeholder reference.
Source: BSE