Doraiswamy Ramachandran Appointed As Chairman Of LIC Housing Finance

Doraiswamy Ramachandran has been appointed as Non-Executive Nominee Director and Chairman of LIC Housing Finance Limited with effect from October 16, 2025. The appointment is subject to the approval of the Reserve Bank of India (RBI) in terms of Clause 45.3 of the Non-Banking Finance Company – Housing Finance Company (Reserve Bank) Master Directions, 2021.

Ramachandran assumed charge as CEO and Managing Director (MD) of Life Insurance Corporation of India (LIC) on July 14, 2025. A Direct Recruit Officer of the 17U1 Batch, he brings over 39 years of experience across operations, marketing, technology, and academics. He previously held leadership roles, including Executive Director (Information Technology/Software Development), Regional Manager (Marketing and Group Schemes), and Senior Divisional Manager. Ramachandran has also contributed to research and academic initiatives at the National Insurance Academy, Pune. He holds a degree in mathematics from Madurai Kamaraj University and is a Fellow of the Insurance Institute of India.

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