
Management Change28 Aug 2026, 09:10 pm
LIC Housing Finance Appoints Sandeep Kumar as MD & CEO
AI Summary
LIC Housing Finance Ltd announced the appointment of Shri Sandeep Kumar as the Additional Director and the Managing Director and Chief Executive Officer, effective August 29, 2026. This follows the cessation of Shri T Adhikari from the same roles, effective August 28, 2026, due to his superannuation from LIC of India. The appointment of Shri Sandeep Kumar is subject to shareholder approval within three months and is for a term not exceeding five years. Shri Sandeep Kumar brings over three decades of experience from Life Insurance Corporation of India.
Key Highlights
- Sandeep Kumar appointed as Additional Director and MD & CEO.
- Appointment effective from August 29, 2026.
- Cessation of T Adhikari as MD & CEO due to superannuation.
- Appointment subject to shareholder approval.
- Sandeep Kumar has over 30 years of experience at LIC of India.
Price Impact
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