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The New Indian Express Vellore
|July 15, 2025
LIFE Insurance Corporation of India on Monday said R Doraiswamy has taken charge as the chief executive & managing director of the public sector insurer.
Earlier in the day, the Department of Financial Services under the finance ministry issued a notification of the appointment of Doraiswamy as the chief executive & managing director.
Doraiswamy has been with the LIC for over three decades and had held various positions like operations, marketing, technology, and academics. Technically, he is the second CEO of the corporation after it went public in May 2022, when the then chairman was re-designated as the CEO and MD as per the listing obligations of the Sebi.
Doraiswamy's name was recommended by the Financial Services Institutions Bureau (FSIB) on June 11. He has been one of the four MDs of the corporation since September 2023.
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