LIC Names Dinesh Pant and Ratnakar Patnaik as New Managing Directors.

Appointment

In May 2025, the Government of India (GoI) approved the appointment of Dinesh Pant and Ratnakar Patnaik as Managing Directors (MDs) of Mumbai (Maharashtra)-based Life Insurance Corporation (LIC) of India, effective from June 1, 2025.


      - Dinesh Pant and Ratnakar Patnaik will succeed Jagannath Mukkavilli and Tablesh Pandey, who will retire on May 31, 2025.

     

     

Main Point :-   (i) Dinesh Pant, currently serving as the Appointed Actuary & Executive Director (Actuarial) at LIC, will assume the MD role and serve until his superannuation on May 31, 2027, or until further orders.

      (ii) Ratnakar Patnaik, presently the Executive Director (Investment - Front Office) & Chief Investment Officer at LIC, will serve as MD until his superannuation on March 31, 2028, or until further orders.


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