Announced Thu, 5 Jun · 15:50 IST

Life Insurance Corporation Of India has informed the Exchange about Shri Ramakrishnan Chander , Executive Director (Investment - Front Office) has taken charges as Chief Investment Officer (KMP)

Management Changes View source PDF

LICI · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

LIC has appointed Shri Ramakrishnan Chander as its new Chief Investment Officer (CIO), a Key Managerial Personnel role, effective June 5, 2025. He is an internal appointee, having previously served as Executive Director heading the Investment – Front Office. He joined LIC in 1990 as an Assistant Administrative Officer and brings decades of experience across divisions, including Nagpur and Hyderabad, as well as international operations. His term runs until his superannuation on September 30, 2027, or until further orders.

Likely market impact

This is an internal leadership change at LIC and is unlikely to cause any disruption. A seasoned insider taking over investment leadership may provide continuity in managing LIC's large investment portfolio, which is generally a neutral-to-slightly-positive signal for shareholders.