LIC Housing Finance Limited has informed the Exchange regarding Appointment of Mr Vikas Chaturvedi as General Manager of the company w.e.f. April 24, 2026.
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LIC Housing Finance Limited announced changes in Senior Management Personnel effective April 24, 2026. The Board approved four appointments based on the Nomination and Remuneration Committee's recommendation. Appointments include Ms. Taruna Malick as General Manager (Marketing-Retail, Lead Management and PR & Publicity), Mr. Vikas Chaturvedi as General Manager (HR, Staff Discipline and Legal), Mr. Sudipto Sil as General Manager (Project Finance-Marketing), and Ms. Aruna H Doke as Joint General Manager (Audit). Mr. Vikas Chaturvedi joined LIC of India as a direct recruit officer in 1997 with experience in Administrative, Marketing, and Investment Front Office roles. Mr. Sudipto Sil brings extensive experience with 29 years at LICHFL, having served as CFO/Dy CFO and managed key achievements including ECB USD 200 mn and bond market fundraising over Rs 1.7 lakh crore.
These are routine senior management appointments and do not indicate any governance concerns or strategic shifts. The appointments may bring operational improvements given the appointees' extensive industry experience.