This is to inform about cessation of KMP of the Corporation.
LICI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Life Insurance Corporation of India has disclosed the superannuation (retirement) of Shri Krishna Kumar Sukumaran Nair, Executive Director (Corporate Governance/Golden Jubilee Fund/Regulatory Compliance) and Chief Compliance Officer, effective May 31, 2026. He will be relieved from duties on May 29, 2026, which is the last working day of the month. The retirement is a routine superannuation and not a resignation. Nair held significant responsibilities including regulatory compliance and corporate governance oversight as a Key Managerial Personnel (KMP). The company has made this disclosure under SEBI Listing Regulations, specifically Regulation 30.
This is a routine retirement of a senior KMP and does not indicate any governance concerns or financial issues. The departure of the Chief Compliance Officer may require the company to appoint a replacement for regulatory compliance functions, which is standard practice following such retirements.