Life Insurance Corporation Of India has informed the Exchange about change in Management -Appointment of Appointed Actuary, Key Managerial Personnel
LICI · price
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LIC has appointed Shri Ajay Kumar Srivastava as the Appointed Actuary of the Corporation, with IRDAI approval received on June 2, 2025. He was previously serving as Product Actuary at LIC and has now been elevated to the role of Appointed Actuary, Key Managerial Personnel, and Executive Director (Actuarial), effective June 2, 2025. This is an internal promotion and a regulatory-mandated appointment requiring IRDAI's prior approval. The disclosure is made under SEBI Listing Regulations and continues from an earlier filing dated May 27, 2025.
This is a routine internal management change and is unlikely to have a material impact on the stock price. It reflects orderly succession planning in a key actuarial leadership role.