Life Insurance Corporation of India disclosed to BSE and NSE on Monday that four officials have been elevated to Senior Management Personnel positions with effect from April 20, 2026, in a round of internal promotions spanning the corporation’s liaison, estates, digital marketing and training functions.
The disclosure was filed under Regulation 30 of the SEBI Listing Regulations by Company Secretary and Compliance Officer Anshul Kumar Singh.
The Four Appointments
Ms. Shyama Sikdar has been elevated from Regional Manager (Personnel and Industrial Relations), Central Zone, Bhopal to Additional Executive Director (Liaison), Central Office, Delhi. Sikdar joined LIC in 1992 as an Assistant Administrative Officer and is a postgraduate in Commerce from Delhi University, having also completed her Licentiate from the Insurance Institute of India. Her 33-year career has spanned the Eastern Zone, North Central Zone, Northern Zone and Central Zone, covering Personnel and Industrial Relations, Office Services, Information Technology, Customer Relationship Management and Corporate Communications. She also served as Faculty Member at the Zonal Training Centres in Gurugram and Agra.
Ms. Roselata Kerketta has been elevated from Regional Manager (Personnel and Industrial Relations), Northern Zone, Delhi to Additional Executive Director (Estates), Central Office, Mumbai. A Bachelor of Arts (Honours) graduate, Kerketta has handled portfolios across Branch, Divisional and Zonal Offices throughout her LIC career, playing a pivotal role as Regional Manager for both New Business and Actuarial functions and Customer Relationship Management and Policy Servicing in Central Zone, Bhopal.
Ms. Deepa Sivadasan has been elevated from Regional Manager (Pension and Group Schemes), South Zone, Chennai to Additional Executive Director (Digital Marketing), Central Office, Mumbai. Sivadasan joined LIC in 1992 and holds a Bachelor of Technology in Civil Engineering — an unusual academic background for an insurance executive that reflects LIC’s tradition of building generalist administrators across functional domains. She has completed the Post Graduate Executive Programme at IIM Ahmedabad and is a Fellow of the Insurance Institute of India. Her 34-year career covers Branch Administration, Policy Servicing, Information Technology, New Business, Finance and Accounts, Customer Relationship Management and Pension and Group Schemes, with Senior Divisional Manager roles in Thrissur and Trivandrum.
Mr. Manoj Kumar Panda has been elevated from Regional Manager (Marketing), East Central Zone, Patna to Director, Zonal Training Centre, Jamshedpur. A science graduate and MBA, Panda joined LIC in 1992 and has spent over three decades across Central Zone, Western Zone, Northern Zone and East Central Zone. He has held Branch Manager, Senior Branch Manager, Chief Manager and Marketing Manager roles in Nagpur and Cuttack Divisions, Senior Divisional Manager roles in Sambalpur and Jamshedpur Divisions, and Regional Manager positions covering Bancassurance and Customer Relationship Management in Northern Zone, Delhi.
Significance of the Appointments
Three of the four promotions are women — Sikdar, Kerketta and Sivadasan — all reaching the Additional Executive Director level, which represents LIC’s senior management tier below the Executive Director and Managing Director ranks. The elevation of three women simultaneously to AED positions at LIC’s Central Offices in Delhi and Mumbai is notable for an organisation of LIC’s scale and reflects a pattern of internal talent development within the corporation’s career ladder that begins at the Assistant Administrative Officer entry level and progresses through Regional Manager positions before reaching the AED tier.
Sivadasan’s appointment as AED (Digital Marketing) is particularly notable given her technology background and the corporation’s ongoing digital transformation initiatives, which have been accelerating as LIC competes more actively with private insurers on digital distribution, policy servicing and customer engagement channels.
Disclaimer: This article is based on a regulatory filing and is for informational purposes only. It does not constitute investment advice.