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Life Insurance
Management Change13 May 2026, 11:01 pm

LIC: Sanjay Lohiya Appointed as Govt Nominee Director

AI Summary

The Government of India has nominated Shri Sanjay Lohiya, Special Secretary, DFS, MOF, as Government Nominee Director on the board of Life Insurance Corporation of India (LIC) with effect from May 13, 2026, until further orders. This appointment is in place of Ms. Shalini Pandit, who ceases to be the Government Nominee Director from the same date. Consequently, Ms. Pandit also ceases to be a member of various committees, including the Executive Committee, Nomination & Remuneration Committee, Audit Committee, and Risk Management Committee.

Key Highlights

  • Shri Sanjay Lohiya appointed as Government Nominee Director on LIC board effective May 13, 2026.
  • Ms. Shalini Pandit ceases to be Government Nominee Director from May 13, 2026.
  • Shri Sanjay Lohiya is an IAS officer of the 1994 batch (Assam Meghalaya cadre).
  • Ms. Shalini Pandit also ceases to be a member of key LIC committees.
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