Mohanty takes over as LIC MD

Excelsior Correspondent
Jammu, Feb 1: Siddhartha Mohanty has taken charge today as Managing Director of LIC of India.
Prior to taking charge as Managing Director of LIC, he was Managing Director & Chief Executive Officer of LIC Housing Finance Limited (LIC HFL). He was also LIC HFL’s Chief Operating Officer.
Mohanty started his career as a direct recruit officer with LIC of India in 1985 and has risen through the ranks to this senior position. Before joining LIC HFL, he was Executive Director-Legal with LIC of India.
In a career spanning over three decades in the Corporation, Mohanty has made his mark in the areas of Marketing, HR, Investments and Legal. He has served as Chief of Investments (Monitoring), Regional Head of a marketing vertical of LIC’s Western Zone spanning the States of Maharashtra, Gujarat and Goa. He was the Senior Divisional Manager in-charge of Raipur and Cuttack divisions of LIC of India.