New Chief Investment Officer of LIC

  • Life Insurance Corporation (LIC) has announced the appointment of Ratnakar Patnaik as the new Chief Investment Officer, replacing PR Mishra, who stepped down from the role on April 10.
  •  Additionally, PC Paikray has been named the new Chief Risk Officer, taking over from Tablesh Pandey on the same date.
  •  Patnaik, who has 32 years of experience in the industry, began his career at LIC as a Direct Recruit Officer in September 1990. This information was disclosed in a filing by the insurer.
  • Ratnakar Patnaik, who assumed the role of Chief Investment Officer on April 10, has extensive experience in marketing assignments, having worked in four different zones.
  •  He served as Senior Divisional Manager for the Indore and Jamshedpur divisions, and spent three years as Regional Manager in the Eastern zone.

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