
Management Change25 Sept 2026, 10:30 pm
LIC Managing Director Dinesh Pant Retires Voluntarily
AI Summary
Life Insurance Corporation of India (LIC) has announced the voluntary retirement of its Managing Director and Key Managerial Personnel (KMP), Shri Dinesh Pant. The Government of India approved his retirement, effective September 24, 2026. Consequently, Shri Pant has been relieved from his duties and has ceased to hold his positions as Managing Director and KMP, as well as his roles in the Information Technology Strategy Committee, Executive Committee, and Investment Committee. This change is effective from the date of the government's notification.
Key Highlights
- Shri Dinesh Pant, MD & KMP of LIC, has voluntarily retired.
- Retirement approved by the Government of India.
- Effective date of cessation is September 24, 2026.
- Pant ceases to be Chairperson of IT Strategy Committee.
- Pant also ceases to be member of Executive and Investment Committees.
Price Impact
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