LIC Housing Finance Ltd has officially appointed Shri Sanjay Dayal as the new Chief Operating Officer, effective April 10, 2026. With over three decades of professional experience within the Life Insurance Corporation of India, Shri Dayal brings extensive expertise in leadership, investment management, and credit administration to his new role. This strategic appointment is set to strengthen the company’s executive leadership and operational oversight moving forward.
Leadership Transition
On April 10, 2026, the Board of Directors of LIC Housing Finance Ltd approved the appointment of Shri Sanjay Dayal to the position of Chief Operating Officer. The decision follows a recommendation from the company’s Nomination and Remuneration Committee, marking a significant addition to the senior management team.
Professional Background and Expertise
Shri Dayal possesses a deep professional background, holding both an MBA in Finance and a Ph.D. in Psychology. His career spans more than 30 years with the Life Insurance Corporation of India (LIC). Throughout his tenure, he has held diverse roles in operations, credit, and administration. Notably, he previously served as General Manager (Credit Appraisal) at LIC Housing Finance Limited and as Deputy General Manager at the LIC Pension Fund.
Global and Domestic Experience
His extensive field experience includes leading various branch offices in Surat, Dehradun, and Mumbai, as well as heading the Goa Division as Senior Divisional Manager. On the international stage, Shri Dayal successfully managed Fiji Operations for three years, during which he was recognized with the Business Excellence Award (2017) by the Honourable President of Fiji. His background also includes over 11 years of specialized experience in investment management, including serving as Chief Equity Dealer and Fund Manager, which will provide substantial value to his new operational responsibilities.
Source: BSE
