Life Insurance Corporation of India (LIC) has named Ramakrishnan Chander as its new Chief Investment Officer (CIO). He will serve in this role until his retirement on 30 September 2027. This appointment makes Chander one of LIC’s key managerial personnel.
LIC is India’s largest life insurer, with a legacy of over 65 years. So, when a big player like LIC makes a leadership move, it matters—not just for the company but for millions of policyholders and investors.
Chander’s journey with LIC started way back in 1990, right after he completed his post-graduate diploma in financial management. Since then, he has climbed the ranks steadily.
He began as an assistant administrative officer and later worked as senior divisional manager in Nagpur and Hyderabad. He has also handled roles like regional manager (marketing) for the South Zone and regional manager (pension & group schemes) in the South Central Zone.
Before becoming CIO, Chander was the executive director leading LIC’s strategic business unit for international operations. Currently, he heads the investment front office of LIC. This means he’s no stranger to managing big money and making important decisions that impact LIC’s financial health.
What does this change mean for the average LIC customer or investor? Simply put, it promises steady, experienced hands managing the company’s investment strategies. LIC’s investment choices affect everything from policy returns to the company’s growth.
It’s worth noting that LIC recently posted a strong performance, with a 38.15% rise in standalone net profit, reaching ₹19,012.79 crore for the quarter ending March 2025. However, total income dipped slightly by 3.53% to ₹243,386.15 crore compared to the same quarter the previous year. The stock price also saw a minor gain, rising 0.13% to ₹957.75 on the BSE.
In a way, appointing Chander is like LIC doubling down on its seasoned insiders who know the business inside out. It’s reassuring to see continuity and expertise at the helm rather than sudden disruptions.
This new chapter under Chander’s watch could shape LIC’s next few years—balancing tradition with modern financial challenges. For LIC fans and followers, this move hints at steady growth backed by decades of experience.
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