Life Insurance Corporation Of India Board of Directors

Members of the Life Insurance Corporation of India Board of Directors are typically selected based on their expertise, experience, and alignment with Life Insurance Corporation of India’s strategic goals. Appointments are made by the nomination and remuneration committee and approved by shareholders. However, the selection process does vary from company to company.

Shareholders can interact with the Life Insurance Corporation of India Board of Directors during the Annual General Meeting (AGM) and through formal communications or queries submitted to the company wherein they have the opportunity to ask questions and provide feedback on the business. Please note different companies have different protocols for shareholders who want to meet the Board of Directors.

The Life Insurance Corporation of India Board of Directors typically meets quarterly. However, special meetings may be summoned as needed to address urgent matters. The frequency can vary depending on business needs and regulatory requirements to ensure ongoing oversight and strategic guidance for the company. A scheduled meeting among the Board of Directors may vary from company to company.

The Life Insurance Corporation of India Board of Directors is responsible for setting strategic goals, overseeing company performance, ensuring effective governance, and safeguarding shareholder interests. They provide high-level guidance on corporate policies and risk management. Additionally, they appoint and evaluate senior management and ensure compliance with legal and regulatory requirements. Please note the roles and responsibilities of the Board of Directors may be different from company to company.

The current Board of Directors at Life Insurance Corporation of India includes Siddhartha Mohanty( Chairman & Wholetime Director) ,Ranjan Sharma( Independent Director) ,Vinod Kumar Verma( Independent Non Exe. Director) ,Anil Kumar( Independent Non Exe. Director) ,Anjuly Chib Duggal( Independent Non Exe. Director) . The full list can be found on Life Insurance Corporation of India’s official website or recent corporate filings.