Consequent to the cessation, Prof. Anil Kumar ceased to be chairperson/member of the following committees:

  • Executive Committee - Member
  • ESG (Environment, Social & Governance) Committee - Member
  • Nomination and Remuneration Committee - Chairperson*
  • Risk Management Committee - Member
  • Audit Committee - Member
  • Policyholder Protection, Grievance Redressal and Claims Monitoring Committee - Chairperson*
  • Stakeholders Relationship Committee - Member
  • Committee for Review of Wilful Defaulters - Member
  • Building Advisory Committee - Member

*Note: Prof. Anil Kumar was Chairperson of the Nomination and Remuneration Committee and the Policyholder Protection, Grievance Redressal and Claims Monitoring Committee.

The disclosure confirms that there were no applicable requirements for brief profile disclosure, director relationship disclosures, or regulatory debarment issues related to this cessation.

The intimation was signed by Anshul Kumar Singh, Company Secretary & Compliance Officer, and was made available on the corporation's website at www.licindia.in.