Announced Wed, 24 Jun · 15:04 IST
LIC appoints Chief Compliance Officer from internal ranks
Management Changes View source PDF
LICI · price
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Price reaction · full curve 14 horizons · vs prior close
-3.8%1-day move
₹440.00
prior close
₹436.65
base price
In-mkt
timing
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-0.0-0.1-0.1—-3.8-1.9-1.7-1.2-1.8-2.5-0.5-4.1——
Up moveDown movePending
AI summary
LIC's board appointed Shri Jayasimhan Madabhushi Matam Tirumala as Chief Compliance Officer and Key Managerial Personnel effective June 24, 2026, subject to IRDAI approval. He has been re-designated from Executive Director (Board and Secretarial/Regulatory Compliance) role. He joined LIC in 1992 as Assistant Administrative Officer and brings over three decades of internal experience across branches and zones.
Likely market impact
Routine internal re-designation, no material change for shareholders. Awaits IRDAI approval.