- LIC interim chairman Siddharth Mohanty has been appointed as the regular chairman of LIC till June 29, 2024.
- After this date, Mohanty will serve as the CEO and MD of LIC till June 7, 2025 or until further orders, whichever is earlier.
- In March 2023, Mohanty replaced MR Kumar as the interim chairman of LIC for a period of three months.
- In May 2022, the Center raised Rs 20,560 crore in the initial public offering of LIC. It was the biggest IPO ever in the country.
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