![Usha Sangwan](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Usha Sangwan
Director/Board Member at
SBI LIFE INSURANCE COMPANY LIMITED
Profile
Usha Sangwan is currently Independent Non-Executive Director at Tata Motors Passenger Vehicles Ltd. since 2023, Tata Technologies Ltd. (India) since 2022, Trident Ltd. since 2021, Torrent Power Ltd. since 2021, and SBI Life Insurance Co. Ltd. since 2021.
Also holds director positions at LIC Pension Fund Ltd., Ascendus, Inc., Tata Motors Ltd., and Tata Passenger Electric Mobility Ltd. Holds membership roles with the Government of India, Bombay Chamber of Commerce & Industry, and Association of International Wealth Management.
Former roles include Chairman of LIC HFL Care Homes Ltd., Non-Independent Non-Executive Director at Grasim Industries Ltd. (2018–2020), Ambuja Cements Ltd. (2014–2018), and Axis Bank Ltd. (2013–2019).
Served as Non-Executive Director at LIC Housing Finance Ltd. (2016–2018), Independent Non-Executive Director at IFCI Ltd. (2011–2013), Independent Director at Century Enka Ltd. and UltraTech Cement Ltd. in 2020, and Non-Independent Non-Executive Director at BSE Ltd. (2015–2020).
Held managing director position at Life Insurance Corporation of India (Investment Portfolio).
Other former roles include various directorships and memberships at Voltas Ltd., Life Insurance Corporation subsidiaries, General Insurance Corporation of India (2016–2018), Axis Pension Fund Management Ltd., Lic International Bahrain Ltd., Godrej Housing Finance Ltd. (2021–2022), and others.
Education includes graduation from Panjab University Chandigarh.
Usha Sangwan active positions
| Companies | Position | Start |
|---|---|---|
| TATA TECHNOLOGIES LIMITED | Director/Board Member | 20/10/2022 |
| TATA MOTORS LIMITED | Director/Board Member | 14/05/2023 |
| TRIDENT LIMITED | Director/Board Member | 14/05/2021 |
| TORRENT POWER LIMITED | Director/Board Member | 20/05/2021 |
| SBI LIFE INSURANCE COMPANY LIMITED | Director/Board Member | 23/08/2021 |
Government of India
 Government of India SovereignGovernment Functions as a sovereign level government authority | Corporate Officer/Principal | - |
Bombay Chamber of Commerce & Industry
 Bombay Chamber of Commerce & Industry Miscellaneous Commercial ServicesCommercial Services Chamber of Commerce | Corporate Officer/Principal | - |
Tata Passenger Electric Mobility Ltd.
 Tata Passenger Electric Mobility Ltd. Motor VehiclesConsumer Durables Manufactures, designs and develops electric vehicles | Director/Board Member | - |
Association of International Wealth Management | Corporate Officer/Principal | - |
Former positions of Usha Sangwan
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Training of Usha Sangwan
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
65
1st degree connections
38
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 38 |
|---|---|
Grasim Industries Ltd.
 Grasim Industries Ltd. Construction MaterialsNon-Energy Minerals Manufactures viscose staple fiber, cement, sponge iron, chemicals and textiles | Non-Energy Minerals |
Tata Motors Ltd.
 Tata Motors Ltd. Motor VehiclesConsumer Durables Manufactures and distributes passenger and commercial automobiles | Consumer Durables |
Government of India
Government of India SovereignGovernment Functions as a sovereign level government authority | Government |
Ambuja Cements Ltd.
 Ambuja Cements Ltd. Construction MaterialsNon-Energy Minerals Manufactures and markets cement | Non-Energy Minerals |
LIC Housing Finance Ltd.
 LIC Housing Finance Ltd. Finance/Rental/LeasingFinance Provides housing finance services | Finance |
Voltas Ltd.
 Voltas Ltd. Industrial MachineryProducer Manufacturing Manufactures and sells cooling appliances, cold storage products, textile machinery and mining & construction equipment | Producer Manufacturing |
Life Insurance Corporation of India (Investment Portfolio)
 Life Insurance Corporation of India (Investment Portfolio) Investment ManagersFinance LIC-IP invests in capital and debt markets, including government securities. Their equity investments consist of Indian shares in all sectors, with an emphasis on the infrastructure, industrial and social sectors. They also invest in Central and State Government bonds, as well as in debentures and term loans. LIC-IP follows a bottom-up investment process which is based on fundamental research combining in-house and outsourced analysis. The firm seeks to invest in high-growth equity, favoring leaders within each sector. They target companies with strong fundamentals and also invest in mid-cap stocks with high liquidity. | Finance |
Axis Bank Ltd.
 Axis Bank Ltd. Major BanksFinance Provides commercial banking services | Finance |
Century Enka Ltd.
 Century Enka Ltd. Chemicals: SpecialtyProcess Industries Manufactures and trades synthetic yarn and related products | Process Industries |
IFCI Ltd.
 IFCI Ltd. Finance/Rental/LeasingFinance Operates as an international commercial bank | Finance |
Trident Ltd.
 Trident Ltd. TextilesProcess Industries Manufactures and markets yarn, terry towels, paper and chemicals | Process Industries |
UltraTech Cement Ltd.
 UltraTech Cement Ltd. Construction MaterialsNon-Energy Minerals Manufactures and distributes cement and concrete | Non-Energy Minerals |
Panjab University Chandigarh
 Panjab University Chandigarh Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Torrent Power Ltd.
 Torrent Power Ltd. Electric UtilitiesUtilities Provides power generation, transmission and distribution services | Utilities |
BSE Ltd.
 BSE Ltd. Investment Banks/BrokersFinance Operates a securities exchange | Finance |
Bombay Chamber of Commerce & Industry
Bombay Chamber of Commerce & Industry Miscellaneous Commercial ServicesCommercial Services Chamber of Commerce | Commercial Services |
The Insurance Institute of India
 The Insurance Institute of India Miscellaneous Commercial ServicesCommercial Services Engages on insurance education and training institutions | Commercial Services |
LIC HFL Care Homes Ltd. | |
Life Insurance Corp. (Nepal) Ltd
 Life Insurance Corp. (Nepal) Ltd Life/Health InsuranceFinance Provides life insurance services | Finance |
LIC Pension Fund Ltd.
 LIC Pension Fund Ltd. Investment Trusts/Mutual FundsMiscellaneous Operates pension funds | Miscellaneous |
LIC Cards Services Ltd. | |
Life Insurance Corp. (Lanka) Ltd.
 Life Insurance Corp. (Lanka) Ltd. Life/Health InsuranceFinance Provides life insurance services | Finance |
Tata Technologies Ltd. (India)
 Tata Technologies Ltd. (India) Packaged SoftwareTechnology Services Provides engineering, design and digital transformation services to manufacturing clients & develops software applications | Technology Services |
National Insurance Academy
 National Insurance Academy Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
LIC (International) BSC
 LIC (International) BSC Life/Health InsuranceFinance Provides life insurance services | Finance |
Life Insurance Corporation (Singapore) Pte Ltd.
 Life Insurance Corporation (Singapore) Pte Ltd. Life/Health InsuranceFinance Provides life insurance services | Finance |
Association of International Wealth Management | |
SBI Life Insurance Co. Ltd.
 SBI Life Insurance Co. Ltd. Life/Health InsuranceFinance Provides life insurance products and services | Finance |
LIC Golden Jubilee Foundation
 LIC Golden Jubilee Foundation Investment Trusts/Mutual FundsMiscellaneous Foundation/Endowment | Miscellaneous |
General Insurance Corporation of India
 General Insurance Corporation of India Specialty InsuranceFinance Provides reinsurance services | Finance |
Godrej Housing Finance Ltd.
 Godrej Housing Finance Ltd. Finance/Rental/LeasingFinance Offers home loans | Finance |
NITI Aayog
 NITI Aayog General GovernmentGovernment Operates as an organization that engages in framing policies and strategies | Government |
Tata Motors Passenger Vehicles Ltd.
 Tata Motors Passenger Vehicles Ltd. Motor VehiclesConsumer Durables Manufactures cars | Consumer Durables |
Tata Passenger Electric Mobility Ltd.
Tata Passenger Electric Mobility Ltd. Motor VehiclesConsumer Durables Manufactures, designs and develops electric vehicles | Consumer Durables |
Dadra & Nagar Haveli & Daman & Diu Power Distribution Corp.
 Dadra & Nagar Haveli & Daman & Diu Power Distribution Corp. Alternative Power GenerationUtilities Operates as a power distributor | Utilities |
Axis Pension Fund Management Ltd. | |
Lic International Bahrain Ltd. | |
Ascendus
 Ascendus Finance/Rental/LeasingFinance Provides small business financing and related education services | Finance |
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