Sat Pal Bhanoo had been appointed as Managing Director of Life Insurance Corp

12 March 202412 March 2024 by Ashutosh Raj

Sat Pal Bhanoo Former additional Zonal Manager at the Zonal Office of LIC of India in Bhopal, Sat Pal Bhanoo, has been appointed as the new Managing Director of Life Insurance Corp.

Sat Pal Bhanoo– Managing Director of Life Insurance Corp

Sat Pal Bhanoo– Managing Director of Life Insurance Corp

After Siddhartha Mohanty, who has been appointed as chairman of the firm in April 2023, Sat Pal Bhanoo will be appointed as the new Managing Director of the company. The Financial Services Institutions Bureau (FSIB), which is the overseer of the appointment of directors in state-owned banks and financial institutions, had approved the appointment.

Key people of Life Insurance Corp

S.No	Name	Designation
1	Shri. Suchindra Mishra	Government Nominee Director
2	Smt. Mini Ipe	Managing Director
3	Shri. M. Jagannath	Managing Director
4	Shri. Tablesh Pandey	Managing Director

Who has been appointed as the Managing Director of Life Insurance Corporation?

Sat Pal Bhanoo has been appointed as the Managing Director of Life Insurance Corporation

Who are the four managing directors of LIC?

Apart from Mohanty, currently, LIC has two MDs – Mini Ipe and BC Patnaik. Patnaik will retire by the end of March. Raj Kumar’s term as MD ended on January 41, 2023.