Four LIC senior management personnel superannuate on May 31
Four senior management personnel at Life Insurance Corporation of India, including Executive Directors and a Zonal Manager, superannuated on May 31, 2026. The officials were relieved from their duties at the close of office hours on May 29, 2026. The disclosure was made to stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Four senior management personnel at Life Insurance Corporation of India will superannuate on May 31, 2026. The officials were relieved from their duties at the close of office hours on May 29, 2026, which was their last working day. This cessation is classified under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Details of Cessation
The change in personnel was disclosed to the stock exchanges via a filing dated May 29, 2026. The disclosure was made pursuant to Regulation 30 of the Listing Regulations read with Para A of Schedule III to the Listing Regulations and relevant circulars.
The table below outlines the specific details regarding the superannuating officials:
| S. No. | Name of the official | Designation |
|---|---|---|
| 1 | Smt Meeta Khare | Executive Director (Estates), Mumbai |
| 2 | Shri Jatinder Pal Singh Bajaj | Zonal Manager (I/C), Zonal Office, Delhi |
| 3 | Smt Meenu Sarkar | Executive Director (Pension & Group Scheme/Information Technology/Customer Relationship Management), Mumbai |
| 4 | Shri R. Rajesh | Executive Director (Digital Marketing), Mumbai |
The intimation was signed by Anshul Kumar Singh, Company Secretary & Compliance Officer of Life Insurance Corporation of India. The information has been made 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 |
|---|---|---|---|---|---|
| -50.44% | -48.62% | -49.80% | -54.31% | -52.79% | -53.00% |
Who will be appointed to fill the vacancies left by the superannuating officials?
How will these leadership changes impact LIC's ongoing digital transformation initiatives?
What strategic shifts might occur in the Pension and Group Scheme department under new leadership?
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