Life Insurance Corporation of India (LIC) has formally announced the superannuation of three key Senior Management Personnel, effective March 31, 2026. These officials will be relieved from their duties at the close of business hours on March 30, 2026. The announcement details the names and current designations of the outgoing directors and executive directors, who hold roles across zonal training, subsidiaries, and reinsurance/health insurance divisions.
Important Change in Senior Management
In compliance with regulatory disclosure requirements, Life Insurance Corporation of India has notified the impending superannuation of several members of its Senior Management Personnel. The effective date for their retirement from service is March 31, 2026. The last working day for these designated officials will be March 30, 2026, at the conclusion of office hours.
Officials Superannuating
The following three officials holding key leadership positions are set to retire:
- Shri Subhash Chander, holding the post of Director, Zonal Training Centre, Agra.
- Smt Geeta Prabhakaran, serving as Executive Director (Subsidiaries), Mumbai.
- Shri Chilaka Venkata Ramana, designated as Executive Director (New Business & Reinsurance/Health Insurance), Mumbai.
Public Disclosure and Record
This intimation serves to place the information on record for market dissemination, as required under applicable regulations. The Corporation confirms that a copy of this disclosure is also being made available on the official LIC website for public access.
Source: BSE
