
Ratnakar Patnaik & Dinesh Pant Named As LIC Managing Directors
The government has approved the appointment of Ratnakar Patnaik and Dinesh Pant as Managing Directors (MDs) of Life Insurance Corporation of India (LIC), effective from the date they assume charge on or after June 1, 2025.
Ratnakar Patnaik serves as Executive Director (Investment of Front Office) and Chief Investment Officer. He joined LIC as a Direct Recruit Officer in September 1990 and has accumulated extensive experience across various roles. He has headed divisions in Indore and Jamshedpur as Senior Divisional Manager and is serving as Regional Manager (Marketing/CLIA) in the Eastern Zone.
Dinesh Pant serves as Appointed Actuary and Executive Director (Actuarial). He has been with LIC since 1989, bringing over three decades of experience to his new position.