On December 1, 2025, Life Insurance Corporation of India (LIC) appointed Ramakrishnan Chander as its new Managing Director (MD). The shift marks a major change in the insurance behemoth’s leadership, with Chander bringing over three decades of institutional experience and a strong track record in investment and operations. The appointment comes as LIC posts robust quarterly results — underlining a moment of stability and renewed confidence for the company. Chander’s ascent is expected to shape LIC’s strategic course through 2027 and beyond.