LIC Appoints Five Independent Directors

Life Insurance Corporation of India (LIC) announced the appointment of five new Independent Directors to its Board of Directors. The appointments were recommended by the Nomination & Remuneration Committee (NRC) and approved by the Board during a meeting held on October 7, 2026. These directors will serve for a term of four years, commencing from the date of appointment, subject to member approval. The appointments are in accordance with the Life Insurance Corporation Act, 1956. The board meeting also included discussions on other inter-alia matters.