Who is R Doraiswamy? Meet LIC’s new MD & CEO; replaces interim CEO Sat Pal Bhanoo

R Doraiswamy has been appointed as the new Managing Director and CEO of Life Insurance Corporation of India (LIC), effective until August 28, 2028. Approved by the Appointments Committee of the Cabinet, his selection follows a recommendation by the Financial Services Institutions Bureau. Doraiswamy, bringing 38 years of experience, succeeds Siddhartha Mohanty, with Sat Pal Bhanoo serving an interim term.