Mini Ipe appointed as LIC MD ahead of proposed IPO

Mini Ipe took charge as managing director of Life Insurance Corporation of India. Ipe is a post-graduate in commerce and joined LIC in 1986 as a direct recruit officer. She has a diverse experience in LIC having worked in various capacities. LIC is India’s 2nd-largest financial services institution with a Rs 31 lakh crore balance sheet, next to the country’s largest bank, State Bank of India (SBI), with assets of Rs 39.51 lakh crore.

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Before taking charge as managing director, she was executive director, legal department, LIC of India. Mini Ipe was the first woman zonal manager (in-charge) of LIC and headed SCZO, Hyderabad. She has also worked as executive director (international operations), director and CEO of LICHFL Financial Services Ltd. She has also worked as regional manager (P&IR) and regional manager (estate) of the western zone. Ipe joins the team of other MDs at LIC, including Mukesh Kumar Gupta, Raj Kumar and Siddhartha Mohanty.

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