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Business

LIC names Shatmanyu Shrivastava as its new finance chief

Life Insurance Corporation of India has picked Shatmanyu Shrivastava to be its new Chief Financial Officer. He has worked at the company for over thirty years.

Published Jul 29
LIC names Shatmanyu Shrivastava as its new finance chief

Who is the new finance chief

Life Insurance Corporation of India, known as LIC, has a new Chief Financial Officer. His name is Shatmanyu Shrivastava. He will take care of the big money matters for the huge insurance company.

His long journey at the company

Mr. Shrivastava started working at LIC a long time ago in 1990. He began as an assistant officer and worked his way up step by step. He has worked at every level of the company over his long career.

  • He worked in local branch offices to learn the basics.
  • He also worked in big divisional and zonal offices.
  • He gained experience at the central office before getting this top job.

Why this appointment matters

Choosing someone who knows the company from the bottom up is very helpful. Mr. Shrivastava understands how every part of the insurance business works. This experience will help him guide the financial future of the company safely.