StockWatch
·
Life Insurance
Management Change25 Sept 2026, 01:23 pm

LIC MD 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 has approved his retirement, which is effective from September 24, 2026. Consequently, Shri Pant has ceased to be the Managing Director, KMP, Chairperson of the Information Technology Strategy Committee, and a member of the Executive Committee and Investment Committee.

Key Highlights

  • Shri Dinesh Pant, MD and KMP of LIC, has voluntarily retired.
  • Government of India approved the voluntary retirement.
  • Cessation is effective from September 24, 2026.
  • Pant also steps down from committee roles.