Categories: Appointments

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.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

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.

Important takeaways for all competitive exams:

  • LIC Headquarters: Mumbai;
  • LIC Founded: 1 September 1956;
  • LIC Chairman: M R Kumar.

Find More Appointments Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

NITI Aayog & IBM Unveil Roadmap to Make India Top‑3 Quantum Economy by 2047

The world is entering a new technological era — one where quantum computing, quantum communication…

15 mins ago

Weak La Niña Likely to Influence Global Weather in Winter 2025–26: WMO Predicts

The World Meteorological Organization (WMO) has issued its latest ENSO (El Niño–Southern Oscillation) Update, predicting…

15 mins ago

IFFCO-TOKIO Partners with Cooperatives to Expand Micro Insurance Access for Underserved Communities

Marking its 25th anniversary, IFFCO-TOKIO General Insurance Company (GIC) announced a new initiative aimed at…

15 mins ago

Runway’s Gen-4.5 Surpasses OpenAI and Google in Text-to-Video AI Race

New York-based AI company Runway has launched Gen-4.5, its most advanced text-to-video generation model to…

15 mins ago

Keoladeo National Park: Location, Biodiversity, Migratory Birds and Conservation Importance

Following good monsoon rains, migratory birds like storks, pelicans, painted storks, and bar-headed geese have…

47 mins ago

National Forensic Infrastructure Enhancement Scheme (NFIES): Objectives, Components and Latest Updates

With rising crime complexity and new legal mandates requiring forensic evidence, India is strengthening its…

56 mins ago