Nature of the Event
Life Insurance Corporation of India has made a disclosure pursuant to Regulation 30 of the SEBI Listing Regulations regarding a change in its Senior Management Personnel.
Key Details of the Change
- Reason for Change: Re-designation of Smt Sonija M. S. as Chief (I/C) (Finance & Accounts), Central Office, Mumbai.
- Effective Date: The re-designation is effective from October 08, 2026.
- Consequence: This re-designation places Smt Sonija M. S. under the definition of Senior Management Personnel (SMP) of the Corporation.
Background Profile of the Executive
Ms. Sonija M. S. joined LIC in 1993 as a Direct Recruit Officer. She is a Fellow Member of the Institute of Chartered Accountants of India. With a career spanning over three decades at LIC, she has held various roles including:
- Heading Finance and Accounts departments
- Managing Debt & Project portfolio and stressed assets in Investment departments
- Gaining exposure to Claims, Office Services, and Personnel departments
- Serving as Secretary at the Insurance Ombudsman office, handling resolution of complaints and disputes in insurance claim settlements
Immediately prior to this re-designation, she was handling Taxation, Income tax, GST and Provident Fund Trust as Chief.
Financial Impact
No financial impact or quantification is mentioned in the disclosure.