Shri Dinesh Pant and Shri Ratnakar Patnaik has been elevated to the rank of Managing Director of LIC of India on 1st June 2025.
Mr. Dinesh Pant has been the Appointed Actuary and Executive Director (Actuarial) of the Life Insurance Corporation of India (LIC) prior to assuming the role of Managing Director. He is a Fellow Member of the Institute of Actuaries of India and the Institute and Faculty of Actuaries, UK. Additionally, he holds degrees in Engineering and Law, along with a Master’s in Business Administration.
Shri Ratnakar Patnaik has been elevated to the rank of Managing Director of LIC of India. on 1 June 2025. Shri Patnaik born in 1968 joined LIC of India in March 1990 as a Direct Recruit Officer. He is a Graduate with Physics (Honours) and holds Master Degree in Public Administration. He is Fellow of Insurance Institute of India and also holds a Diploma in Health Insurance. Prior to taking charge as Managing Director of LIC, Shri Patnaik was Executive Director (Investment-Front Office) and Chief Investment Officer of the Corporation.
