T.C. Suseel Kumar & Masil Jeya Mohan Named Independent Directors Of LIC Housing Finance

T.C. Suseel Kumar & Masil Jeya Mohan have been appointed as Non-Executive Independent Directors (Additional Directors) of UC Housing Finance Limited, commencing June 2, 2025, subject to the approval of shareholders of the company to be obtained within three months hereof.

P.S. Anitha Kumari, I. Sreedhar, and Paritosh Chaturvedi have been appointed as Joint General Manager (CSR & ESG), Joint General Manager (Marketing of Appointment Project), and Chief Information Security Officer (CISO), respectively, effective June 2, 2025.

Suseel Kumar retired as Managing Director of Life Insurance Corporation of India (LIC) in January 2021, concluding a distinguished career spanning nearly four decades. He currently serves as an Independent Director on the Boards of Manappuram Finance Ltd, Phillips Carbon Black Ltd, Firstsource Solutions Ltd, and TVS Credit Services. He has served on the Boards of LIC and its subsidiaries, Axis Bank, BSE, Lakshmi Machine Works, and National Mutual Fund (Mauritius). Kumar held key leadership roles across LIC in India and abroad, including Executive Director, Zonal Manager, and Head of LIC’s foreign operations in Mauritius. He has led core functions such as marketing, CRM, HR, finance, audit, Corporate Governance, and investments. He played a pivotal role in crafting LIC’s business strategies, leveraging data analytics to align operational goals and restore market share.

Mohan has a career spanning several decades in the Life Insurance Corporation of India (LIC) and LIC Housing Finance Ltd. He was the Executive Director of the IPO Cell and, post-retirement, served as Operational Advisor to LIC for its IPO process. He has also held key roles across IT, actuarial, human resources, estates, and investments. He served in senior investment roles, including Fund Manager of the Pension & Group Scheme Fund, Chief (ULIP Funds), and ultimately as Chief Investment Officer of LIC. As Executive Director (Investment), he played a key role in formulating policies for NPA management, business continuity, IBC, and settlements. Mohan holds a B.Sc. in mathematics and an MBA from Madurai Kamaraj University.

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