Life Insurance Corporation of India (LIC) & REC Limited — Recent Key Appointments

Ramakrishnan Chander has been appointed as the new Managing Director (MD) of LIC, effective 1 December 2025; earlier, he served as Executive Director. The appointment marks a significant leadership change at India’s largest life insurer. Separately, Dinesh Garg has been appointed as Company Secretary and Compliance Officer of REC Limited, effective 1 December 2025. These appointments reflect ongoing management reshuffles in major financial and infrastructure-related public-sector firms.