Life Insurance
Management Change10 April 2026 at 11:51 am

LIC designates Pankaj Kumar Saxena as Senior Management Personnel

AI Summary

Life Insurance Corporation of India (LIC) has designated Mr. Pankaj Kumar Saxena as Senior Management Personnel (SMP). He will assume the role of Executive Director (Alternate Channel) at the Central Office. Prior to this appointment, Mr. Saxena served as the Managing Director & Chief Executive Officer of LIC Pension Fund Limited, a wholly-owned subsidiary of the Corporation. With a career spanning over 35 years since joining LIC in 1990, Mr. Saxena holds a post-graduate degree in Mathematics and a Post Graduate Diploma in Marketing Management. He has extensive experience in both administrative and marketing wings across various zones and held key leadership positions, including Senior Divisional Manager and Regional Manager (Marketing). His term of appointment extends until April 10, 2026.

Key Highlights

  • LIC appoints Pankaj Kumar Saxena as Senior Management Personnel.
  • Saxena assumes role of Executive Director (Alternate Channel), Central Office.
  • He previously served as MD & CEO of LIC Pension Fund Limited.
  • Brings over 35 years of diverse experience within LIC.
  • Appointment term extends until April 10, 2026.