Life Insurance Corporation of India announced the appointment of Shri Ramakrishnan Chander as Managing Director of the Corporation with effect from December 1, 2025 and up to the date of his attaining the age of superannuation (i.e., September 30, 2027), or until further orders, whichever is earlier. Shri Ramakrishnan Chander joined the Corporation in the year 1990 as an Assistant Administrative Officer. He is a graduate and Fellow of Insurance Institute of India.
He has an experience of 35 years both in Marketing and Administration handling position of Senior Divisional Manager, Regional Manager (Marketing) and Regional Manager (P&GS). He also led Corporation?s Strategic Business Unit ? International Operations as Executive Director.
Prior to taking charge as Managing Director, Shri Ramakrishnan Chander was the Executive Director (Investment ? Front Office) & Chief Investment Officer of the Corporation.
Life Insurance Corporation of India is an India-based insurance company. The Company is engaged in the business of life insurance in and outside India. It offers a range of individual and group insurance solutions including participating, non-participating and unit linked lines of businesses. The portfolio comprises various insurance and investment products such as protection, pension, savings, investment, annuity, health, and variable. Its segments include Participating Life Individual, Participating Pension Individual, Participating Annuity Individual, Non-Participating Life (Individual & Group), Non-Participating Pension (Individual & Group), Non-Participating Annuity Individual, Non-Participating Variable individual, Non-Participating Health individual, Non-Participating Unit Linked and Capital Redemption, and Annuity Certain Business (CRAC). Its endowment plans include Bima Jyoti, Bima Ratna, Dhan Sanchay, Single Premium Endowment Plan, Jeevan Labh, and others.
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