Sandeep Kumar Appointed as the New Chairman of LIC.

Appointments | Dated: 14 Mar 2026

Senior executive Sandeep Kumar has been appointed as the new Chairman of the Life Insurance Corporation of India (LIC) by the Financial Services Institutions Bureau. He takes over the leadership of India largest state owned insurance group.

🎯 Key Highlights:

  • He replaces Siddhartha Mohanty upon his retirement.
  • His priority will be driving digital sales and market expansion.
  • LIC is fully owned by the Government of India.

💡 Other Important Facts:

  • Appointee: Sandeep Kumar.
  • Role: Chairman.
  • Organization: LIC.

📚 Test Your Knowledge:

Who was recently appointed as the new Chairman of the Life Insurance Corporation of India (LIC)?

Correct Answer: Sandeep Kumar

🚀 Quick Recap:

About LIC

  • Founded - 1956
  • Headquarters - Mumbai