Tenure of Sat Pal Bhanoo as MD, LIC ending in December 2025
Sat Pal Bhanoo, Managing Director of Life Insurance Corporation of India, is completing his tenure in December 2025. LIC is India’s largest insurance company, playing a critical role in retail and institutional insurance sectors. Bhanoo’s tenure saw the company strengthening digital initiatives and expanding customer-centric solutions. His exit marks a leadership transition for LIC amid evolving insurance reforms in India.
