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LIC appoints Tablesh Pandey and M Jagannath as new MDs

LIC appoints Tablesh Pandey and M Jagannath as new MDs_40.1

Tablesh Pandey and M. Jagannath have been appointed as the managing directors of the Life Insurance Company (LIC). Tablesh Pandey will take over on April 1, 2023, and M. Jagannath will start working on March 13, 2023. Raj Kumar and BC Patnaik are the two managing directors that left the company this week. There are currently four managing directors at LIC.

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M. Jagannath joined the LIC in 1988 as a Direct Recruit Officer. He has a wealth of marketing expertise, has held numerous significant positions, and has effectively managed sizable teams. Between 2009 and 2013, he spent 4 years as the Chief Executive Officer and Management Director of LIC (Lanka) Ltd. in Colombo, Sri Lanka. The insurance company’s executive director right now is Tablesh Pandey.

Recently, For a period of three months beginning March 14, the Center has chosen Siddhartha Mohanty as the interim chairman of the Life Insurance Company of India (LIC).

Important takeaways for all competitive exams:

  • LIC Founded: 1 September 1956;
  • LIC Headquarters: Mumbai;
  • Siddhartha Mohanty as the interim chairman.

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