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Life Insurance
Management Change16 Jun 2026, 06:40 pm

LIC MD Appointed IRDAI Whole Time Member (Actuary)

AI Summary

Life Insurance Corporation of India (LIC) announced that Shri Dinesh Pant, its Managing Director and Key Managerial Personnel (KMP), has been appointed as a Whole Time Member (Actuary) at the Insurance Regulatory and Development Authority of India (IRDAI). This appointment, made by the Department of Financial Services, Ministry of Finance, Government of India, is for a tenure of five years from the date of assumption of charge, or until attaining the age of 65 years, or until further orders, whichever is earliest. The notification was issued on June 15, 2026.

Key Highlights

  • LIC's MD, Dinesh Pant, appointed to IRDAI as Whole Time Member (Actuary).
  • Appointment is for a term of five years or until age 65.
  • This is a significant regulatory appointment for a key LIC official.
  • The appointment is effective from the date of assumption of charge.