Current Affairs - Awards and Honours - Discussion

R Doraiswamy has been appointed as the Managing Director and Chief Executive Officer of Life Insurance Corporation of India (LIC), starting July 15, 2025, and will serve until August 28, 2028. He brings over 38 years of experience at LIC across departments such as operations, marketing, IT, and pensions. Before his appointment, he served as Executive Director (IT/Software Development). His selection followed recommendations by the Financial Services Institutions Bureau and was approved by the Appointments Committee of the Cabinet. This leadership change is significant for LIC, India’s largest insurer, ensuring stable and experienced guidance in a key financial institution.