LIC four senior management officials superannuate on Sep 30, 2026
- Four senior management officials at LIC superannuate on September 30, 2026
- Two Executive Directors among those retiring include heads of CRM/Claims and Business Development
- Disclosure made under Regulation 30 of SEBI Listing Regulations
- Retiring officials hold positions in Bhopal, Mumbai, and Central Office

*this image is generated using AI for illustrative purposes only.
Life Insurance Corporation of India announced the superannuation of four senior management personnel effective September 30, 2026. The departure includes two Executive Directors and two Directors from zonal and central offices.
The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The officials will retire after the close of office hours on the specified date.
Superannuating officials
The following Senior Management Personnel are scheduled to superannuate:
| Name | Designation |
|---|---|
| Smt Rashmi Bhatnagar | Director, Zonal Training Centre, Bhopal |
| Smt Vandana Sinha | Executive Director (Customer Relationship Management /Claims/Annuities), Central Office, Mumbai |
| Shri Surendra Singh Chaplot | Executive Director (Business Development/Bima Sakhi), Central Office, Mumbai |
| Shri Vivek Paul | Director, Management Development Centre, Mumbai |
Disclosure details
The intimation was signed by Anshul Kumar Singh, Company Secretary & Compliance Officer. A copy of the disclosure is available on the corporation's website.
Historical Stock Returns for LIC of India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.33% | -2.31% | -6.35% | +3.23% | -11.69% | -9.70% |
How might the retirement of the Executive Director overseeing Claims and Annuities impact LIC's operational efficiency in these critical service areas?
What succession plans has LIC announced to ensure continuity in Business Development and Bima Sakhi initiatives following the departure of the responsible Executive Director?
Could this leadership transition influence LIC's upcoming strategic priorities or digital transformation goals for the fiscal year 2026-27?

































