Shri Sat pal Bhanoo, Additional Zonal Manager (In-Charge) Zonal Office, LIC of India, Bhopal, has been appointed as Managing Director, LIC of India vice Shri Siddhartha Mohanty (presently serving as Chairperson) with effect from the date of assumption of charge of Office and upto the date of his superannuation (i.e. December 31, 2025), or until further orders, whichever is earlier.