The Life Insurance Corporation (LIC) of India has announced the appointment of Mr. Ramakrishnan Chander as its new Chief Investment Officer (CIO). This appointment was reported by the Business Standard, a leading Indian business newspaper. Mr. Chander will serve in this position until his superannuation, which is scheduled to take place on September 30, 2027.
Mr. Chander is a veteran employee of LIC, having joined the organization in 1990 as an Assistant Administrative Officer. Over the years, he has held various key positions within the company, demonstrating his expertise and leadership skills. Some of his notable roles include serving as Senior Divisional Manager of the Nagpur and Hyderabad divisions, Regional Manager (Marketing) in the South Zone, and Regional Manager (Pension and Group Schemes) in the South Central Zone.
Most recently, Mr. Chander was the Executive Director of LIC’s Strategic Business Unit, International Operations. This experience has likely equipped him with the skills and knowledge required to excel as CIO. In this role, he will be responsible for overseeing the investment strategies and decisions of LIC, which is one of India’s largest and most respected insurance companies.
Mr. Chander’s educational background and professional qualifications also make him an ideal candidate for this position. He holds a post-graduate diploma in Financial Management and is a Fellow of the Insurance Institute of India. These credentials demonstrate his expertise in financial management and insurance, and his ability to make informed investment decisions.
The appointment of Mr. Chander as CIO is a significant development for LIC, and is expected to have a positive impact on the company’s investment strategies and growth. With his experience, skills, and qualifications, Mr. Chander is well-equipped to lead LIC’s investment efforts and contribute to the company’s continued success.